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