Project Planning and Analysis for Development

In this comprehensive, practical guide to project planning and appraisal in developing countries, David Potts focuses on economic and financial analysis, but also gives serious weight to such key factors as sustainability and social impact. Part 1 of the book considers a range of approaches to project identification and design and introduces basic techniques for determining costs and benefits. Part 2 provides an outline for the financial analysis of commercial projects, incorporating the issue of possible noncommercial objectives; here, Potts includes a discussion of methods for assessing projects that involve small-scale producers. Part 3 explores the economic and social analysis of projects. The final section of the book addresses the practicalities of dealing with risk and uncertainty in project planning, including ways to account for the realities of inflation and exchange-rate fluctuations.