Improving Transport Project Appraisals
In the Islamic Countries
4
Appraisal
aspect
Description
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?