Establishing the critical requirements for project readiness creates an enabling environment in facilitating the implementation of project activities. Without these requisites, project risks (e.g., institutional factors, procurement risk and delays, among other things) can be greater which could lead to cost and time overruns. A well-defined implementation arrangement at the onset between executing and contracting agencies would convey clear guidance on the respective functions and scope of operations required during various stages of implementation. These could include various aspects of project administration and monitoring, procurement, and contract management support. If the executing agencies have capacity constraints and systemic weaknesses, the perceived risks are likely to be more complex. In this case, risk mitigation measures, such as careful assessment of agencies’ capacities based on experiences with ADB’s past projects, could provide valuable entry points in enhancing institutional capacity of agencies.
Air Transport Capacity Enhancement Project