Project Appraisal
Project Appraisal
Project Appraisal
An Essential Element of
Entrepreneurship
Development
Sustainability
Appraisal should include an assessment of a
projects environmental, social and economic
impact, its positive and negative effects.
Checklist (cont.)
Is the 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?
Technical Appraisal
Will the project Work?
Availability of the required quality and quantity of
raw material.
Availability of utilities like power and water etc
Follows anti pollution laws
Financial Appraisal
Can the project be financed properly?
Will there be sufficient funds to cover the
expenditure requirements during the life of the
project?
Means of financing
Economic Appraisal
Impact of 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
Social Aspects
What will 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?
Environmental Appraisal
Will the project have any adverse effect on the
environment?
Have remedial measures been included the project
design?
Conclusion
It is seen 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 .
Thank You