DEPARTMENT OF ECONOMICS

OLABISI ONABANJO UNIVERSITY

ECO 319: PROJECT EVALUATION I

Pre-Requisite
The syllabus requires your familiarity with ECO219 (Public Finance).

Learning Activities
The course will be taught using a combination of class lectures and practice problems.
However, it is the responsibility of students to ensure that they are adequately prepared for
the course by searching for relevant materials for the course. Students are expected to work
independently as individuals and jointly as group. Group discussion is an essential means of
learning, as it facilitates idea sharing

Assessment
The course will be assessed using:

1. Several tests, assignments and mid-semester exam. This will account for 30
percent(30%) of the final grade
2. Final exam accounts for the remaining 70 percent of the total grade
Course Contents
1. Project and Project Analysis
(i) Meaning of Project
(ii) Features of Project
(iii) Project Analysis
(a) Concepts of Project analysis
(b) Importance of Project Analysis
(iv) Project Analysis Versus Project Evaluation
2. Project Classification
(i) Project Ideas and Project Identification
(ii) Project Analysis and Development
3. Project Cycle
4. Project Evaluation
 (i) Meaning of Project Evaluation
(ii) Stages and Method of Evaluation
(iii) Cost Benefit Analysis
5. Investment Criteria in Public and Private Sector.

Reference texts

1. E. O. George Basic Techniques in Project Analysis

2. Dasoupta, Partha, Amartya Sen and Stephen Bardin, (1972), Guideline for project
Evaluation, UNIDO, Vienna, Series No.2, New York.

3. Kayode, M.O.(1979), The Art of project evaluation, Ibadan University Press ,Ibadan.

4. Little, I.M.D and J.A. Mirrless (1980), Project Appraisal for Planning and Development.

Lecturers-in-charge

Dr. B. A. Okuneye

Adegboyega Soliu B.