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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?