Search

Displaying 1 - 2 of 2

Lesson
It is important to listen to government counterparts and to understand the local context of the country through in-depth diagnostic study. This will help in recommending suitable and context-specific solutions. Project teams should try to anticipate country requests, especially during the conduct of the diagnostic studies, for which costs can sometimes be underestimated.

Project Number: 54076-001
Project Name: Strengthening Property Tax Management to Enhance Local Revenue
Report Date:
Lesson
Project costing at design stage should realiably estimate the costs of all civil and other engineering costs and provide allowance for foreign currency fluctuations. The actual cost of one irrigation scheme turned out some $10 million greater than estimated at approval. This resulted in significant revision to the subproject design. The revision also incorporated the appreciation in special drawing rights against the US dollar and the domestic and international inflation that pushed down the real value of project resources.

Project Number: 40190-013
Project Name: Greater Mekong Subregion Flood and Drought Risk Management and Mitigation Project 
Report Date: