Improving Transport Project Appraisals
In the Islamic Countries
154
Appraisal
aspect
Description
delegated to sectoral/local procurement agencies? Which activities are
delegated at sectoral/local level? Who performs transport project appraisals?
is project appraisal performed by a technical unit within the administration or
by private consultants? How are responsibilities and functions of
procurement agencies, project promoter and project appraisers specified?
Quality review
: How are quality standards for project appraisal defined? Is
there a system of independent quality review of project appraisal?
Publicity
: are project appraisal reports publicly available? how are the
stakeholders included into the appraisal process? Are project appraisal results
systematically used to inform public consultations and debate?
Capacity and
tools
Capacity
: Is technical capacity constantly monitored and ensured? Is there a
systematic training and dissemination programme to improve internal
capacity (with periodic monitoring of the alignment to state-of -the-art
methodologies)? Is training in project evaluation provided? If yes, by whom?
Tools:
Are there standard tools such as models or templates that shall be
followed for analysis and reporting? Are general and specific guidelines
developed?
Standards and guidelines
: Are there specific legal requirements on the
content of the appraisal report or is there no clear standard required? Are
there references parameters (e.g. time horizon, discount rates) and unit values
provided in a prescriptive way or does the project analyst enjoy flexibility in
performing the analysis?
Content
Methodology
: What types of analysis (CBA, CEA, MCA, qualitative analysis,
macroeconomic modelling etc.) are required/recommended as part of the
project appraisal development? Is there one specific suggested methodology
for project appraisal? Is it complemented by other methodologies?
Items
: What is the standard content of a project appraisal? Which are the
typical items included in an appraisal report? Which benefits/impacts are
considered? How are they calculated?
Risk assessment
: How is the risk assessment incorporated in into the project
appraisal? Are forecasts expressed by a baseline figure or are confidence
intervals also provided? Is a quantitative and/or qualitative risk analyses
carried out?
Demand
analysis
Forecasting
techniques
:
What
kind
of
forecasting
models
(deterministic/stochastic,
static/dynamic,
analytical/simulation)
and
techniques are used?
Result of
project
appraisal
Use of results
: How are the results of the project appraisals used? Is project
appraisal used to provide a justification for individual project
selection/decision in the feasibility phase or does it enable a prioritisation of
projects?