Exam 28: Planning and Appraising Development Projects

Financial analysis of projects is concerned with the overall impact of the project on the national economy.

What two types of cost can be associated with running a project?

The design of development projects includes determining objectives and the means to achieve them.

Under what circumstances might a project not be the best way to solve a problem?

Pareto optimality stipulates a welfare improvement is only certain if everybody is better off.

What is the first step of policy planning?

Project planning for development uses resources to prioritize enhancement of the profitability of those groups that execute them.

Why is the "return labour per day" an important indicator for small farm projects?

In financial analysis, how can the return to shareholders be estimated?

The most important schedule for a financial analysis is the cash flow.

Which of the following is necessary for a financial analysis?

The first step in planning a project is "problem analysis."

The two main approaches of cost-benefit analysis are the "efficiency approach" and the "economy approach."

Analyze the historical evolution of development projects. What have been some advances and innovations? What have been some of the challenges?

A development project must be financially sustainable, or it will not work.

What is an important limitation of the logical framework in project planning?

The use of family labour represents an opportunity cost.

According to the OOPP model, after the project tree has been constructed, what is the next step?

How did the percentage of World Bank spending on social projects shift between 1975-79 and 2003-07?

Adjusting all foreign exchange costs and benefits upward to take account of the relative scarcity of foreign exchange is an example of what?