Agribusiness Project Appraisal Theory And Applications

Agribusiness Project Appraisal is probably the first context-specific book to provide a methodology for managing projects in agriculture in Tanzania. It gives advice and support on how to carry out project planning, execution and evaluation. The emphasis of the book is on achieving a thorough and rigorous social and economic analysis through systematic procedures appropriate to project management. Whether new or experienced in project management, readers will find this book an invaluable resource for initiating, planning, executing and closing projects, especially with respect to agribusiness.

Agribusiness Project Appraisal is probably the first context-specific book to provide a methodology for managing projects in agriculture in Tanzania. It gives advice and support on how to carry out project planning, execution and evaluation. The emphasis of the book is on achieving a thorough and rigorous social and economic analysis through systematic procedures appropriate to project management. Some of the themes covered include:A* Key concepts in project planning.A* The log-frame approach to project managementA* Cost- Benefit Analysis of a projectA* Techniques of project analysisA* Implementation of a project andA* Project monitoring, evaluation and impact assessmentWhether new or experienced in project management, readers will find this book an invaluable resource for initiating, planning, executing and closing projects, especially with respect to agribusiness.

Monitoring and evaluation: a management perspective; Monitoring and the management information system; Monitoring of physical and financial progress; Beneficiary contact monitoring; Follow-up diagnostic studies for monitoring; Communicating information; Evaluation: substantive focus and types; Measurement of production increases: methods and limitations; Special topics in impact evaluation.

The project concept. Projects, the cutting edge of development. Plans and projects. Advanteges of the project format. Aspects of project preparation and analysis. The project cycle. Accuracy of agricultural project analyses. Why agricultural project analyses prove wrong. Steps in project analysis. Identifying project costs and benefits. Objectives, costs, and benefits. Direct transfer payments. Costs of agricultural projects. Tangible benefits of agricultural projects. Secondary costs and benefits. Intangible costs and benefits. Financial aspects of project analysis. Pricing project costs and benefits. Prices reflect value. Finding market prices. Predictin future prices. Prices for internationally traded commodities. Financial export and import parity prices.Farm investment analysis. Objectives of financial analysis. Preparing the farm investment analysis. Elements of farm invewstment analysis. Net benefit increase. Unit activity budgets. Computing debt service. Financial analysis of processing industries. Balance sheet. Sources-and-uses-of-funds statement. Financial ratios. Financial rate of return. Analyzing project effects on government receipts and expenditures. Economic aspects of project analysis. Determining economic values. Aggregating project accounts. Measures of project worth. Comparing project costs and benefits. Applying discounted measures of project worth. Sensitivity analysis (treatment of uncertainty). Switching value. Choosing among mutually exclusive alternatives.