Early Project Appraisal: Making the Initial Choices

Front Matter....Pages i-xv
Front Matter....Pages 1-1
Attributes of a Project....Pages 3-9
Successful Projects....Pages 10-19
Three Perspectives on a Project....Pages 20-31
Three Main Phases in a Project....Pages 32-37
Uncertainty, Risk and Opportunities....Pages 38-50
Possibilities of Foreseeing....Pages 51-65
Strategic Guidance and Tactical Flexibility....Pages 66-75
The Problem of Cost....Pages 76-82
The Problem of Utility....Pages 83-89
What is a Concept?....Pages 90-103
Project Alignment....Pages 104-112
Objectives and Their Formulation....Pages 113-129
Methods and Analyses in the Front-End Phase....Pages 130-137
Quality of Information....Pages 138-148
Front-End Assessment and the Decision to Finance a Project....Pages 149-157
Three Steps in Front-End Assessment: Definition, Development and Appraisal of Concept....Pages 158-166
Front Matter....Pages 167-167
Systems Analysis....Pages 169-181
SWOT Analysis....Pages 182-187
Strategy Analysis – Logical Framework....Pages 188-199
Rough Analysis of Uncertainty....Pages 200-208
Front Matter....Pages 167-167
Strategic Frames for Implementation....Pages 209-214
Top-Down Probability-Based Cost Estimation....Pages 215-224
Assessing Profitability....Pages 225-229
Risk Analysis....Pages 230-238
Probability-Based Progress Analysis....Pages 239-247
Evaluating Projects....Pages 248-256
Boondoggles and White Elephants....Pages 257-263
Back Matter....Pages 264-286