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Project appraisal

Introduction
This document provides guidance for conducting, and developing systems for, effective project appraisal.
Problem
Although project appraisal has been a requirement before regeneration funding is given, it has been a source of confusion and difficulty for partnerships. In particular, there have been concerns about the design and operation of project appraisal systems within partnerships and the resulting quality of appraisals.
Description
Project appraisal is an essential tool in regeneration and neighbourhood renewal, but audits of appraisal practice have found significant weaknesses. Effective project appraisal offers significant benefits to partnerships and, most importantly, to local communities.
A good appraisal justifies spending money on a project. It is an important tool in decision making and lays the foundation for delivery and evaluation. Getting the design and operation of appraisal systems right is important. The proper consideration of each of the key components of project appraisal is essential.
These are:
  • need,
  • targeting and objectives,
  • context and connections,
  • consultation,
  • options,
  • input and outputs and outcomes.
Approach
This document attempts to guide partnerships through the process of project appraisal. It considers some of the problems associated with project appraisal as well as the benefits it can offer when implemented correctly.
It then offers guidance on carrying out a successful appraisal including a checklist of questions worth asking when planning and designing appraisals. The document also provides sources of further reading.
Results
The document sets out the core components of an effective project appraisal system before describing the key issues to consider in conducting an appraisal namely:
  • needs,
  • targeting and objectives,
  • context and connections,
  • consultations,
  • options analysis,
  • inputs,
  • outputs and outcomes,
  • value for money,
  • implementation,
  • risk and uncertainty,
  • forward strategy and
  • sustainability.

Beneficiaries
Projects, partnerships and individuals seeking to conduct, and develop systems for, project appraisal.
Contact info
Renewal.net
feedback@renewal.net
Project start date
//2007
Links
Visit the Renewal.net website

Download the 'Project appraisal' Report (DOC, Eng, 81 KB)

Document type
case
Themes
Urban Policy > Social inclusion & integration > Community development
Keywords
Capacity building
 


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