The presentation by Group No. 09 outlines the critical aspects of project appraisal necessary for successful project planning and execution. It addresses various dimensions such as social acceptability, environmental impact, technical feasibility, and financial viability, while highlighting the importance of a systematic appraisal process. Key issues discussed also include implementation strategies, risk management, and the assessment of the project's economic, social, and environmental impacts.
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Presentation introduction and group members involved.
The presentation focuses on practical issues in project appraisal, highlighting social, environmental, and financial aspects.
Defines project appraisal as assessment post-preparation, crucial for project development and success.
Highlights the necessity and benefits of project appraisal in decision-making, community benefit verification, and ensuring project delivery.
Discusses essential appraisal considerations such as needs assessment, context, implementation, eligibility, technology, time, environment, and financial viability.
Asks critical questions about the appraisal process, emphasizing systematic approach, independent assessment, and clear recommendations.
Focuses on objectives of feasibility studies including development goals, technical soundness, and economic viability.
Describes various appraisals: technical, financial, economic, social, environmental, ecological, and political.
Summarizes the importance of structured project appraisal and opens the floor for questions.
Group No: 09
1. Ariful Islam Khan 09106070
2. Shamol Reza 09106043
3. Taufiqul Islam 10106057
4. Abdul Alim 10106047
5. Md Hachnayen Ahmed 10106063
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Objectives
• Through thisPresentation, we attempt to bring
into focus what we believe to be some of the
important practical issues that face development
planners in the field of project Appraisal.
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Summary
• This sessionwill introduce dimensions of project
appraisal, including:
– issues of social acceptability/desirability,
environmental friendliness,
– technical feasibility/ appropriateness,
– gender sensitiveness,
– economic soundness and
– ability to be sustainable and most importantly
financial viability.
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5.
Meaning and Overviewof Project
Appraisal
Appraisal means Assessment and estimation.
Project define as:
Non routine
Involves number of uncertainties.
Definite period of time. ( starts to end ).
Project is the co ordination of the efforts of persons drawn
from different functional areas and contribution to
external agencies.
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Project Appraisal
• Whenis it done:
– After preparation and design of the project
• What is project appraisal:
– Provides a comprehensive and systematic review of all
aspects of the project
• Why the project Appraisal is Needed:
– To development and successful completion of projects
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Project Appraisal (cont.)
•Hard questions are asked and the answers determine
whether project proposal is adopted or rejected.
• The questions raised rotate around:
– appropriateness of project objectives,
– size, scope, implementation methods,
– modalities, time scale, and
– the project technical, financial, economic, institutional,
environmental, social and distributional justification of
the project.
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What can aProject Appraisal deliver?
• Be reliable and objective in choosing projects
• Make sure their program benefits all sections of the
community
• Provide documentation to meet financial and audit
requirements
• Appraisal justifies spending money on a project.
• Appraisal is an important decision making tool.
• Appraisal lays the foundations for delivery.
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Good appraisal systemsshould ensure
that:
• Project application, appraisal and approval functions are
separate
• All the necessary information is gathered for appraisal
• Race/tribal equality and other equality issues are given
proper consideration
• Those involved in appraisal have appropriate technical
expertise
• There are realistic allowances for time involved.
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Key issues inappraising projects
• Need, targeting and objectives
Applicants should provide detailed description of
project, identifying local needs/ objectives it aims to meet.
• Context and connections
Are there links between the project and other local
programmes and projects.
• Consultation
Local consultation determines priorities and secure
community consent and ownership.
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Key issues inappraising projects
• Options
This is concerned with establishing whether there are
different ways of achieving objectives
• Inputs
Important to ensure all the necessary people and resources
are in place to deliver project.
• Value for money
This is one of the key criteria against which projects are
appraised .
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Key issues inappraising projects
• Implementation
Appraisal scrutinises the practical plans for
implementation, asking whether staffing, timetable and
implementers are okay.
• Risk and uncertainty
There should also be contingency plans in place to
minimize the estimated risks.
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13.
Key issues inappraising projects
• Eligibility
– Regional Development
– Environmental protection
• Legal Frame Work
– Policies, public acceptance
– Licensing, safety
– Environmental compatibility
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Key issues inappraising projects
• Technology And Design
– Project Definition
– Viability and performance
– Adaptation to technical progress
– Local-specific requirements
– Appropriate technical capacity
– Life expectancy
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Key issues inappraising projects
• Time Schedule
– Preparation of feasibility studies
– Environmental studies Licensing requirements
– Time needed for procurement
– Local conditions (climatic, etc)
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Key issues inappraising projects
• Environmental and Social Compatibility
– Impact analysis, mitigation measures Direct, indirect,
long-distance effects
– Compliance with international standards
– Least-polluting technology
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Key issues inappraising projects
• Economic + Financial Viability
– Cost effectiveness
– Financial international rate of return
– Economic international rate of return
– Pay-back period, etc
• Investment Cost
– Local and foreign currencies
– Phasing of expenditure
– Cost Justification
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Key issues inappraising projects
• Forward strategies
Appraisal should also consider mainstream links
and implications in case the project funds are over
• Sustainability
Appraisal should include an assessment of a
project’s environmental, social and economic
impact, its positive and negative effects.
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Checklist for projectappraisal
Some Questions worth asking:
• Are appraisals systematic and disciplined with a clear
sequence of activities and operating rules?
• Is there an independent assessment of the project?
• Does the appraisal process conclude in clear
recommendations that inform approval (or rejection) of
the project?
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Checklist (cont.)
• Isthe approval stage clearly separate?
• Is the appraisal process well documented
– with key documents signed,
– showing ownership and agreement, and
– allowing the appraisal documentation to act as basis
for future management, monitoring and evaluation?
• Does appraisal system comply with relevant government
guidance?
• Are right people involved and, if necessary, how can you
widen involvement?
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Feasibility Study
• Aimof a feasibility study:
• Development objectives
• Policy framework and detailed project objectives
• Technical soundness of the project
• Administrative feasibility of the project
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Feasibility Study -Aims (cont.)
• The economic and financial viability of the
project proposal
• The status of demand for the project
beneficiaries
• Other important policy and cross cutting issues
(gender, environment)
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Practical
• Appraise youridentified projects in terms of the following:
– Technical analysis
– Economic Analysis
– Financial Analysis
– Environmental Analysis, and
– Social Analysis
– Gender Analysis
– Ecological Analysis
– Political
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Technical Appraisal
• Willthe project Work?
• Availability of the required quality and quantity of
raw material.
• Availability of utilities like power and water etc
• Follows anti pollution laws
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Financial Appraisal
• Canthe project be financed properly?
• Will there be sufficient funds to cover the
expenditure requirements during the life of the
project?
• Means of financing
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Economic Appraisal
• Impactof the project one the distribution of income
in the society
• Impact of project on the level savings and investment
in the society and socially desirable objectives like
self sufficiently, employment etc.
• Contribution of project
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Social Aspects
• Whatwill be the effect of the project on different groups?
At
– Individual
– Household and
– Community levels
• How will the project impact on women and men?
• Will the social benefits of the project be greater than the
social costs over the life of the investment when account
is taken of time?
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Environmental Appraisal
• Willthe project have any adverse effect on the
environment?
• Have remedial measures been included the project
design?
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Ecological & PoliticalAppraisal
Environmental Damage.
Restoration Measures.
Will the project be compatible with government policy, at
both central, regional and local level?
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Conclusion
• It isseen from the previous discussion that the Project
Appraisal can be structured to cover the full range of
functionality of the project management process. It is
a powerful tool which should not be overlooked but
which must be judiciously applied .
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