Project appraisal

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Project appraisal is the process of assessing, in a structured way, the case for proceeding with a project or proposal, or the project's viability. [1] It often involves comparing various options, using economic appraisal or some other decision analysis technique. [2] [3]

Contents

To ensure success, a project should be objectively appraised during the feasibility study, taken into account principal dimensions, technical, economic, financial, and social implications. To establish the justification for a project the project appraisal is the process of judging whether the project is profitable or not to client.

Process

Types of appraisal

See also

References

  1. ↑ John Filicetti (August 2007), PMO and Project Management Dictionary
  2. ↑ Cost-Benefit Analysis, 2nd edition, (2001) by Boardman, Greenberg, Vining, and Weimer, ISBN   0-13-087178-8 Pearson Education, Prentice Hall.
  3. ↑ Anthony E. Boardman, David H. Greenberg, Aidan R. Vining, and David L. Weimer, (1996) Cost – Benefit Analysis: Concepts and Practice, 1st Edition, by <http://www.prenhall.com/books/be_0135199689.html>.
  4. ↑ Hanley, N and Spash, C (1993). Cost Benefit Analysis and the Environment. Edward Elgar. Cambridge University Press.
  5. ↑ Brent, Robert J. Cost-Benefit Analbmbmbbmysis for Developing Countries. Edward Elgar Publishing. Overseas Development Administration. Appraisal of Projects in Developing Countries. A Guide for Economists. HMSO Publications.
  6. ↑ Layard, Richard and Glaister, Stephen (eds) Cost-Benefit Analysis. Second edition. Cambridge.
  7. ↑ Kohli, K. N (1993). Economic analysis of investment projects: a practical approach. Oxford University Press.
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