Improving Transport Project Appraisals
In the Islamic Countries
67
In “ Improving the Practice of Project Appraisal” the OECD prescribes the following practices for
project monitoring and ex-post evaluation:
 Physical- and financial-progress monitoring is needed to obtain information regarding
investment outlays and construction progress;
 Profitability monitoring is needed to compare operational profitability results with previous
forecasts;
Ex-post evaluation is needed to compare operational project benefits with the benefits
presented in the planning phases.