Engineering Project Appraisal

Author : Martin Rogers,Aidan Duffy
Publisher : John Wiley & Sons
Page : 396 pages
File Size : 50,5 Mb
Release : 2012-07-03
Category : Technology & Engineering
ISBN : 9781118378113

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Engineering Project Appraisal by Martin Rogers,Aidan Duffy Pdf

In most cases of civil engineering development, a range of alternative schemes meeting project goals are feasible, so some form of evaluation must be carried out to select the most appropriate to take forward. Evaluation criteria usually include the economic, environmental and social contexts of a project as well as the engineering challenges, so engineers must be familiar with the processes and tools used. The second edition of Engineering Project Appraisal equips students with the understanding and analytical tools to carry out effective appraisals of alternative development schemes, using both economic and non-economic criteria. The building blocks of economic appraisal are covered early, leading to techniques such as net present worth, internal rate of return and annual worth. Cost Benefit Analysis is dealt with in detail, together with related methods such as Cost Effectiveness and the Goal Achievement Matrix. The text also details three multi-criteria models which have proved useful in the evaluation of proposals in the transportation, solid waste, energy and water resources fields: the Simple Additive Weighting (SAW) Model, the Analytic Hierarchy Process (AHP) technique and Concordance Analysis. There is a full discussion dealing with risk and uncertainty in these models. With many worked examples and case studies, Engineering Project Appraisal is an essential text for both undergraduate and postgraduate students on professional civil engineering courses, and it is expected that students on planning and construction management courses will find it a valuable addition to their reading.

Author : Utpal K. Ghosh
Publisher : CRC Press
Page : 116 pages
File Size : 52,8 Mb
Release : 2021-09-22
Category : Technology & Engineering
ISBN : 9781000426489

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Appraisal and Selection of Projects by Utpal K. Ghosh Pdf

Project appraisal is the process of assessing the viability of a project in a systemic way at its initial ‘idea’ stage when information is minimal, but the decision, whether to go ahead with the project, is important. This book deals with the principles and practice of such appraisal process. It covers all the financial and economic aspects, including market and technical analysis, environmental appraisal, life cycle costing and SWOT analysis. This book starts with the basics of the subject followed by analysis of the project proposals from different perspectives for ascertaining their viabilities, including a brief discussion on uncertainty and risk analysis, important tools, and techniques. This book covers projects in almost all domains, such as engineering, management, medical science and so forth. Focuses on all possible aspects of project appraisal and selection Emphasizes differences from public and private projects in terms of financial and economic evaluations Provides step-by-step methods of analysis of multiple issues involved in the initial appraisal of projects Includes sections on ‘lessons learned' and 'learning from experience’ illustrating applications of the process and implications Covers feasibility analysis, including both technical aspects and financial evaluation This book is aimed at professionals, graduate students in civil and industrial engineering, business management, project management, project appraisal, including entrepreneurs for their start-up projects. Utpal K. Ghosh is a Chartered Engineer, a Fellow of the Institution of Engineers (India), a Member of the Institution of Civil Engineers (UK) and a Member of the Institution of Structural Engineers (UK).

Author : K. Samset
Publisher : Springer
Page : 286 pages
File Size : 49,9 Mb
Release : 2010-08-11
Category : Business & Economics
ISBN : 9780230289925

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Early Project Appraisal by K. Samset Pdf

Focusing on turning an initial idea into a project with a successful outcome, this book fills a gap in current literature on project management and is thoroughly grounded in the latest research in this field. It emphasizes the practical application of decision making based on qualitative and judgmental information.

Author : Reinhard F. Hüttl,Oliver Bens,Christine Bismuth,Sebastian Hoechstetter
Publisher : Springer
Page : 295 pages
File Size : 46,8 Mb
Release : 2015-11-02
Category : Technology & Engineering
ISBN : 9783319189710

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Society - Water - Technology by Reinhard F. Hüttl,Oliver Bens,Christine Bismuth,Sebastian Hoechstetter Pdf

This book presents the results of the Interdisciplinary Research Group "Society – Water – Technology" of the Berlin-Brandenburg Academy of Sciences and Humanities. It describes interdisciplinary evaluation criteria for major water engineering projects (MWEPs) and portrays an application to the Lower Jordan Valley (Middle East) and the Fergana Valley (Central Asia). Both areas are characterised by transboundary conflicts, by challenges due to demographic and climate change and by political and societal pressures. Based on the findings, the book provides recommendations for science and political decisions makers as well as for international financing institutions. In addition, it outlines research gaps from an interdisciplinary perspective. In the past, MWEPs have been used as an instrument to cope with the demands of growing populations and to enhance development progress. Experiences with MWEPs have shown that a purely technical approach has not always brought about the desired results. In many cases, MWEPs have even resulted in negative implications for society and environment. Therefore, improved management strategies and enhanced technologies for a sustainable water resource management system are a prerequisite to meet present and future challenges. And, moreover, the continuous evaluation and optimisation of these measures is, likewise, a must.

Author : Albert Lester
Publisher : Butterworth-Heinemann
Page : 460 pages
File Size : 54,5 Mb
Release : 2007
Category : Business & Economics
ISBN : 075066956X

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Project Management, Planning and Control by Albert Lester Pdf

This fifth edition provides a comprehensive resource for project managers. It describes the latest project management systems that use critical path methods.

Author : Peter Allan Thompson,John G. Perry
Publisher : Thomas Telford
Page : 86 pages
File Size : 54,7 Mb
Release : 1992
Category : Business & Economics
ISBN : 0727716654

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Engineering Construction Risks by Peter Allan Thompson,John G. Perry Pdf

Risk analysis and management - an overview. When to apply risk management. Quantitative techniques for project risk analysis. Risk in estimating. Contract stategy...

Author : Joseph Martial Ribeiro
Publisher : Presses inter Polytechnique
Page : 150 pages
File Size : 52,8 Mb
Release : 2011
Category : Business & Economics
ISBN : 9782553015564

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International Development Project Appraisal, Execution Planning and Monitoring by Joseph Martial Ribeiro Pdf

Author : Roy M. Woodhead,Clive G. Downs
Publisher : Thomas Telford
Page : 118 pages
File Size : 50,8 Mb
Release : 2001
Category : Construction industry
ISBN : 0727729896

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Value Management by Roy M. Woodhead,Clive G. Downs Pdf

Value Management (VM), as a decision-making process, enables stakeholders to enhance the value provided by a project. While this often leads to cost savings, more importantly, it seeks to provide the best outcome for a project by considering a variety of assessment criteria. These assessment criteria allow customers and other stakeholders to recognise the project as 'preferable' to other alternatives. This report is one of the few to look at Value Management from the client's procurement prospective. Based on extensive empirical research over a period of one year in the UK, it examines why clients use Value Management, how they use it, and what benefits they achieve by applying it. This publication acts as a third-party facilitator helping both clients and providers improve VM. The text provides a comprehensive summary for those wishing to improve organisational Value Creation for all stakeholders and explains how to improve Value Management in a structured way to enhance competitive advantage.Value Management: improving capabilities provides a toolkit to help individual clients and their suppliers structure conversations from which both parties can agree 'what' and 'how' improvements can be made to their VM processes. By reading this report and then using the self-assessment and self-improvement sections, readers will be in a position to reap the benefits that Value Management can bring to their organisation and to its projects.

Author : Panos Konstantin,Margarete Konstantin
Publisher : Springer
Page : 177 pages
File Size : 54,9 Mb
Release : 2018-01-11
Category : Business & Economics
ISBN : 9783319723839

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Power and Energy Systems Engineering Economics by Panos Konstantin,Margarete Konstantin Pdf

Power and Energy industry is a highly capital intensive business field. Furthermore there is a very close interlinkage between technologies and economics that requires engineers and economists to have a common understanding of project evaluation approaches and methodologies. The book’s overall objective is to provide a comprehensive but concise coverage of engineering economics required for techno-economic evaluation of investments in power and energy system projects. Throughout the book, the emphasis is on transferring practical know-how rather than pure theoretical knowledge. This is also demonstrated in numerous examples derived from experience of respective projects. The book comprises seven chapters. The text part is supported by about 25 tables, 40 figures, 55 application examples and 7 Case Studies. Target audience of the book are primarily international consultants, staff members of engineering companies, utility personnel, energy economists and lawyers, as well as employees of government agencies entrusted with regulating the energy and utility sector and, finally, students in related fields of engineering and economics.

Author : Colin H. Kirkpatrick,John Weiss
Publisher : Edward Elgar Publishing
Page : 340 pages
File Size : 42,9 Mb
Release : 1996-01-01
Category : Business & Economics
ISBN : 1782541004

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Cost-benefit Analysis and Project Appraisal in Developing Countries by Colin H. Kirkpatrick,John Weiss Pdf

The techniques and methods of project appraisal in developing countries have been considerably expanded and refined since they were first introduced in the late 1960s. This up-to-date and authoritative survey volume demonstrates the ways in which cost-benefit analysis has developed in response to changes in economic circumstances and conditions over the past three decades. An international group of academic and professional economists covers areas including problems in the practical application of cost-benefit techniques by international agencies, the treatment of income distribution, discounting, the effects method, the logical framework as a complement to project appraisal, aid tying, risk criteria in decision making, benefit valuation in the water sector, the appraisal of technical assistance projects, privatization in transition economies and shadow pricing in transition economies. Professor Kirkpatrick and Professor Weiss have prepared an insightful overview essay introducing the broad selection of work presented in this volume.

Author : Timothy O'Riordan,W. R. Derrick Sewell
Publisher : John Wiley & Sons
Page : 328 pages
File Size : 40,5 Mb
Release : 1981
Category : Nature
ISBN : UOM:39015002029232

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Project Appraisal and Policy Review by Timothy O'Riordan,W. R. Derrick Sewell Pdf

Author : Garth G.F. Ward
Publisher : John Wiley & Sons
Page : 480 pages
File Size : 42,6 Mb
Release : 2018-06-06
Category : Technology & Engineering
ISBN : 9781119469421

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Effective Project Management by Garth G.F. Ward Pdf

A practical and accessible guide to managing a successful project Effective Project Management is based around an activities and action check list approach to project management. It provides a guide to the basic principles and the disciplines that managers need to master in order to be successful. The author’s check lists approach (based on his years of practical experience on projects) ensure that project managers are following valid processes, helping them to be innovative in their approach to developing plans and resolving problems. In addition, the author’s check list pick and mix format is designed to be flexible in order to meet the individual needs of the reader. Effective Project Management also contains some information on the theories underpinning project management. Knowledge of the theory helps in the understanding of how project management works in practice. In addition to the book’s check lists of what activities need to be performed, the author offers suggestions on how tasks could be carried out. This important resource: Covers a wide range of project management topics including the project management process, programme and portfolio management, initiating and contracting a project, personal skills and more Offers a highly accessible guide to the author’s verified check list approach Presents flexible guidelines applicable for a wide range projects Includes guidance for project managers at all levels of experience Written for project managers working on engineering or construction projects, Effective Project Management reviews all aspects of a project from initiation and execution to project completion together with the specialist topics and personal skills needed to manage projects effectively.

Author : Joseph Berechman
Publisher : Routledge
Page : 514 pages
File Size : 41,9 Mb
Release : 2010-05-26
Category : Business & Economics
ISBN : 9781135214074

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The Evaluation of Transportation Investment Projects by Joseph Berechman Pdf

Throughout the world, the use of some kind of a formal transportation project evaluation procedure is a requirement. Yet, by and large, these are partial; in fact, much weight is often placed on the initial -pre-engineering -phases of the planning process, when vital information, such as accurate costs and demand projections, is largely missing. Moreover, many of these procedures neglect to consider key issues such as project’s risks, capital costs financing, latent demand, market imperfections, labor force availability and various incompatibilities between trip rates, travel times and activity location. As a result, projects, which are judged as viable under such deficient evaluation schemes, may have had a significantly different projection of capital costs and demand should a well-founded, thorough, and efficient evaluation process be used. Against this background, this book’s main objective is to construct a comprehensive and methodical economic, planning and decision-making framework for the evaluation of proposed transportation infrastructure investment projects. Such a framework is founded on four key principles. It is based on well-established economic, transportation and policy-analysis theoretical principles; it is comprehensive enough to encompass all relevant evaluation issues; it is applicable to a wide range of transportation investment projects; and it is amenable to empirical application including a sensitivity analysis and alternative scenarios regarding urban, regional and national developments.

Author : Nolberto Munier
Publisher : Springer Science & Business
Page : 227 pages
File Size : 55,9 Mb
Release : 2014-04-29
Category : Technology & Engineering
ISBN : 9783319052519

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Risk Management for Engineering Projects by Nolberto Munier Pdf

Covers the entire process of risk management by providing methodologies for determining the sources of engineering project risk, and once threats have been identified, managing them through: identification and assessment (probability, relative importance, variables, risk breakdown structure, etc.); implementation of measures for their prevention, reduction or mitigation; evaluation of impacts and quantification of risks and establishment of control measures. It also considers sensitivity analysis to determine the influence of uncertain parameters values on different project results, such as completion time, total costs, etc. Case studies and examples across a wide spectrum of engineering projects discuss such diverse factors as: safety; environmental impacts; societal reactions; time and cost overruns; quality control; legal issues; financial considerations; and political risk, making this suitable for undergraduates and graduates in grasping the fundamentals of risk management.

Author : National Research Council,Division on Engineering and Physical Sciences,Board on Infrastructure and the Constructed Environment,Committee on Assessing the Results of External Independent Reviews for U.S. Department of Energy Projects
Publisher : National Academies Press
Page : 74 pages
File Size : 41,9 Mb
Release : 2007-04-10
Category : Science
ISBN : 9780309179812

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Assessment of the Results of External Independent Reviews for U.S. Department of Energy Projects by National Research Council,Division on Engineering and Physical Sciences,Board on Infrastructure and the Constructed Environment,Committee on Assessing the Results of External Independent Reviews for U.S. Department of Energy Projects Pdf

Peer review is an essential component of engineering practice and other scientific and technical undertakings. Peer reviews are conducted to ensure that activities are technically adequate, competently performed, and properly documented; to validate assumptions, calculations, and extrapolations; and to assess alternative interpretations, methodologies, acceptance criteria, and other aspects of the work products and the documentation that support them. Effective peer reviews are conducted in an environment of mutual respect, recognizing the contributions of all participants. Their primary objective is to help the project team achieve its goals. Reviews also contribute to quality assurance, risk management, and overall improvement of the management process. The U.S. Department of Energy (DOE) conducts different types of peer reviews at the different stages of a project, including reviews to assess risks and other factors related to design, safety, cost estimates, value engineering, and project management. Independent project reviews (IPRs) are conducted by federal staff not directly affiliated with the project or program and management and operations (M&O) contractors. External independent reviews (EIRs) are overseen by the Office of Engineering and Construction Management and conducted by contractors external to the department. EIRs are the primary focus of this report. However, the committee found that, in many cases, IPRs are explicitly used as preparation for or as preliminary reviews prior to EIRs. Thus, because IPRs are integral to the review process in DOE, they are also discussed because they might have an effect on EIRs. In October 2000, DOE issued Order 413.3, Program and Project Management for the Acquisition of Capital Assets (DOE, 2000). The order established a series of five critical decisions (CDs), or major milestones, that require senior management review and approval to ensure that a project satisfies applicable mission, design, security, and safety requirements: approve mission need, approve alternative selection and cost range, approve performance baseline, approve start of construction, and approve start of operations or project closeout. Assessment of the Results of External Independent Reviews for U. S. Department of Energy Projects summarizes the results.