Calendar

SES # TOPICS I. Introduction Introduction to Project Evaluation and Course Overview The Development Planning Tradition The Project Cycle: Project Identification and Appraisal

KEY DATES

II. Financial Appraisal 3 Development of Financial Cash Flows for Project Evaluation: Investment Plan Development of Financial Cash Flows for Project Evaluation: Operating Plan, Analysis from Alternative Points of View Discounting and Alternative Investment Criteria Alternative Investment Criteria and Problems of Durability and Correction Procedures Scale, Timing, and Interdependencies in a Project - 1 Scale, Timing, and Interdependencies in a Project - 2 Forecasting and the Treatment of Inflation - 1 Problem set 2 due Problem set 1 due

4 5 6 7 8 9

SES # TOPICS 10 11 12 13 Forecasting and the Treatment of Inflation - 2 Risk Analysis Project Financing and Risk Management Debrief Problem Set 4: Risk Analysis

KEY DATES Problem set 3 due

Problem set 4 due

III. Economic Appraisal and Cost-Effectiveness Analysis 14 Overview of Economic Analysis of Investment Decisions Measurement of Economic Benefits and Costs in Undistorted Markets: With Sales Taxes and Subsidies Measurement of Economic Benefits and Costs in Distorted Markets: Taxes, Rationing, Monopolies Measurement of Economic Benefits and Costs in Distorted Markets: Tradables and Forex Problem set Economic Opportunity Cost of Capital: Discount 5 due (Shadow Rates Prices) Cost-Effectiveness Analysis

15

16

17

18 19

IV. Critical Analysis of Quantitative Appraisal Techniques 20 21 Social-Distributive Appraisal of Projects Institutional Dimensions: Local Politics and Capacity - Project Implementation, Monitoring

SES # TOPICS 22 23 24 25 26 Institutional Dimensions of Project Appraisal: the Funders Project Appraisal and Project Evaluation Rational Analysis in the Field Participation in Development Projects Projects in Practice

KEY DATES

Case study memo due

Final essay due