Manual for evalution of industrial projects

The aim of project evaluation is to determine whether a project is acceptable and, if it is, whether it is the best alternative. Provided here is an operational, step-by-step methodology for industrial project evaluation which developing countries can use as an integral part of their overall industrial planning. The subject-matter has been prepared by a group of senior experts on the subject, comprising staff members of UNIDO and the Industrial Development Centre for Arab States (IDCAS) as well as outside consultants.

This work differs from similar other works brought out by UNIDO and OECD conceptually and in the simplicity of its approach. Here, the approach and concept advocated are more realistic inasmuch as the main concepts have been subordinated to the prevailing conditions in the developing countries in terms of skills, data availability, time pressures, etc. Major ideas, criteria and approaches have been synthesized.
-Thi Manual may be used as a textbook. It will, if supplemented by appropriate reading material, be invaluable in the education of economists, accountants, financial analysts, engineers and professionals involved in the study of cost benefit analysis and methodology.