Early Project Appraisal
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Early Project Appraisal: Making the Initial Choices

Early Project Appraisal: Making the Initial Choices


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About the Book

What do these things have in common? An airport, the Olympic Games, the development of a new vaccine, or a wedding. They were all organized as projects. Today's major undertakings could hardly be done differently since they all require cooperation across sectors and institutional borders. Project management expertise is therefore much in demand to ensure efficient implementation and avoid large cost overruns and delays. The problem is that many projects fail even though they were implemented successfully, simply because the project concept was wrong. Today's paradox is that we know a lot about how to manage a project - but not enough to ensure that the right project concept is chosen. This book provides some insight into how bad ideas can be avoided and good ideas developed into successful projects.

Table of Contents:
PART I: FRONT END MANAGEMENT OF PROJECTS Attributes of a Project Successful Projects Three Perspectives on a Project Three Main Phases in a Project Uncertainty, Risk and Opportunities Possibilities of Foreseeing Strategic Guidance and Tactical Flexibility The Problem of Cost The Problem of Utility What is a Concept? Project Alignment: Needs, Objectives and Effects Objectives and their Formulation Methods and Analyses in the Front End Phase Quality of Information Front-end Assessment and the Decision to Finance a Project Three Steps in Front End Assessment: Definition, Development and Appraisal of Concept PART II: TOOLS AND TECHNIQUES Systems Analysis SWOT Analysis Strategy Analysis - Logical Framework Rough Analysis of Uncertainty Strategic Frames for Implementation Top-down Probability-based Cost Estimation Assessing Profitability Expressions of Costs and Benefits Probability-based Progress Analysis Evaluating Projects Boondoggles and White Elephants

About the Author :
KNUT SAMSET is Professor of Project Management at the Faculty of Engineering Science and Technology, Norwegian University of Science and Technology, Norway, www.ntnu.no. He is the Founding Director of the Concept Research Programme on Front-end Management of Large Investment Projects, and Founding Director and Senior Partner of Scanteam, an international consultancy based in Oslo.


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Product Details
  • ISBN-13: 9780230289925
  • Publisher: Palgrave MacMillan
  • Binding: Digital (delivered electronically)
  • Sub Title: Making the Initial Choices
  • ISBN-10: 0230289924
  • Publisher Date: 11 Aug 2010
  • Language: English


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