Three Main Phases in a Project

Knut Samset

Chapter 4 in Early Project Appraisal, 2010, pp 32-37 from Palgrave Macmillan

Abstract: Abstract Quality at entry (QaE) is an indicator used by The World Bank to assess the viability of project proposals before they are approved. QaE is considered a prime determinant of successful project outcomes. The assessment focuses on three main questions: Are the project objectives worthwhile and the risks commensurate with potential rewards? Is the project likely to achieve its objectives? Is the underlying logic clearly articulated? Procedures are in operation to use this metric on all projects supported by The World Bank and annual reviews are carried out to determine how the organization is performing on what is perceived as an essential indicator of future performance when projects are implemented. The reason is the strong correlation between QaE and the success of projects that the Bank has documented, see section 7.1.

Keywords: Cash Flow; Implementation Phase; Detailed Planning; Project Concept; Project Management Institute (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-28992-5_4

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DOI: 10.1057/9780230289925_4

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