Project Appraisal in Developing Countries

Calendar

SES #	TOPICS	KEY DATES
I. Introduction
1	Introduction to Project Evaluation and Course Overview The Development Planning Tradition
2	The Project Cycle: Project Identification and Appraisal
II. Financial Appraisal
3	Development of Financial Cash Flows for Project Evaluation: Investment Plan
4	Development of Financial Cash Flows for Project Evaluation: Operating Plan, Analysis from Alternative Points of View
5	Discounting and Alternative Investment Criteria
6	Alternative Investment Criteria and Problems of Durability and Correction Procedures	Problem set 1 due
7	Scale, Timing, and Interdependencies in a Project - 1
8	Scale, Timing, and Interdependencies in a Project - 2	Problem set 2 due
9	Forecasting and the Treatment of Inflation - 1
10	Forecasting and the Treatment of Inflation - 2	Problem set 3 due
11	Risk Analysis
12	Project Financing and Risk Management
13	Debrief Problem Set 4: Risk Analysis	Problem set 4 due
III. Economic Appraisal and Cost-Effectiveness Analysis
14	Overview of Economic Analysis of Investment Decisions
15	Measurement of Economic Benefits and Costs in Undistorted Markets: With Sales Taxes and Subsidies
16	Measurement of Economic Benefits and Costs in Distorted Markets: Taxes, Rationing, Monopolies
17	Measurement of Economic Benefits and Costs in Distorted Markets: Tradables and Forex
18	Economic Opportunity Cost of Capital: Discount Rates	Problem set 5 due (Shadow Prices)
19	Cost-Effectiveness Analysis
IV. Critical Analysis of Quantitative Appraisal Techniques
20	Social-Distributive Appraisal of Projects
21	Institutional Dimensions: Local Politics and Capacity - Project Implementation, Monitoring
22	Institutional Dimensions of Project Appraisal: the Funders
23	Project Appraisal and Project Evaluation	Case study memo due
24	Rational Analysis in the Field
25	Participation in Development Projects
26	Projects in Practice	Final essay due