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Improving Transport Project Appraisals

In the Islamic Countries

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As such, creating capacity in project appraisal and a sound PPP framework (legal,

institutional) are

important pre-conditions to attract private funding

to the transport sector.

Use of appraisal and applying project appraisal as part of a full project cycle

The appraisal process is now mostly used as an

ex-ante evaluation

of a project, mostly for

justifying an investment decision. It could be considered to broaden the use of the appraisal

process, not only for justifying an investment decision, but also to

prioritise

those projects

that yield best results, as mentioned above.

Appraisals need good data. In order to improve the quality of the appraisals, project data

should be collected (with a life-cycle approach) and made available for monitoring purposes

and next project generation (benchmark studies).

Furthermore, it is recommended to

monitor the implementation

and operation of a project,

as well as carry out

systematic in itinere and ex-post evaluation

of a project in order to

compare planning and implementation. This in order to allow for benchmarking and

establish lessons learned for next project appraisals.