Planning and Managing Development Project Lecture Summary

Topics: Project management, Management, Risk Pages: 7 (716 words) Published: May 20, 2013
Lecture 1. Introduction

Course Topics
1. Introduction
2. Objectives and Benefits
3. Costs and Risks
4. Standard and options
5. Financing
6. Institutional Options
7. Public sector development
8. Environmental and Social safeguards
9. Implementation Arrangement
10. Risks and Evaluation

What is a Project?
→A unique organised set of activities and inputs to produce desired outcomes within defined schedule, subject to uncertainty, for defined purposes. * Different from production, operation
* Desired but uncertain
* Value judgement on purpose - development

Related Concepts

Strategy| Policies - General, Sector|
Plan| Program|
Scheme| Budget|
Subprojects| Components|
Tasks| |

Levels of Project Issues
→ Implementation:
- Find money and people, Design, Execute.
* Key question: How?

→ Scopes, Alternatives
* Key question: What, where, when?

→ Objectives and Goals:
- Benefits and costs.
- Is it worth all the trouble? Are there better things to do? * Key question: Whether, To do or not

Build a Bridge?

Key Project Variables"CSSQ"`
* Cost
* Schedule
* Scope
* Quality

* Organisation
* Environment
- Constituents, Economy, Environment

Project Success Factors
* Macro policies and institutions*
* Experience and capacity of planning and implementing institution - System of evaluation and learning
* Accountability framework
- monitoring, control
* Risk* and change management
* Clarity of and consensus on objectives
Expertise Involved

Project evaluation| Procurement|
Project financing| Contract management|
Project management| Monitoring and Evaluation|
Engineering| Public administration|
Environmental Analysis| Development planning|
Social analysis| Economics|
.....
+ operation management
+ Impact evaluation

Project cycle and Associated Reports and Reviews

| Project cycle| Reports and Reviews|
1| Identification| - Strategic Plan|
2| Preapproval| - Pre-feasibility study|
3| Preparation-Design, Implementation and Financing plan| - Feasibility study- Preliminary Design- Detailed Design| 4| Appraisal, Final Approval| - Appraisal Doc; Agreements| 5| Implementation-Mid-term evaluation; Restructuring| - Contracts- Progress and - Impact reports| 6| Ex Post Evaluation| - Completion report; Audit|

Project Stages: Linear Model

| Stage| Focus|
1| Planning| - Issues, Goals|
2| Project Identification| - Objectives, Scopes, Approaches, Resources| 3| Pre-FS| Targets, Alternatives|
4| FS; Preliminary Design| Costs, Implementation plans; Benefits, Costs, Financing| 5| Budgeting| Efficiency|
6| Design| Scope, Financing, Efficiency, Risk|
7| Appraisal| "|
8| Implementation| Cost and Risk Management|
9| Evaluation| Learning Feedback|

Project Planning Iterative Model

When and How to seek Better Information?
* Threshold amount
* Independent evaluation (objective) vs cooperation (cheaper) * Should decide based on:
- Track record of proposer and consultant
- Cost-Benefit analysis
Lecture 1. Introduction

Course Topics
1. Introduction
2. Objectives and Benefits
3. Costs and Risks
4. Standard and options
5. Financing
6. Institutional Options
7. Public sector development
8.Environmental and Social safeguards
9. Implementation Arrangement
10. Risks and Evaluation

What is a Project?
→A unique organised set of activities and inputs to produce desired outcomes within defined schedule, subject to uncertainty, for defined purposes. * Different from production, operation
* Desired but uncertain
* Value judgement on purpose - development

Related Concepts

Strategy| Policies - General, Sector|
Plan| Program|
Scheme| Budget|
Subprojects| Components|
Tasks| |

Levels of Project Issues
→ Implementation:
- Find money...
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