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Lesson
Sound planning reduces delays in implementing procurement activities, especially for projects with interdependent components. Specifically, sufficient preparation for procurement planning, scheduling, and costing, given project-specific requirements, are vital in the timely procurement of goods and services. A well-planned procurement leads to a better management of procurement-related activities (e.g., bids, contracts, and others), which in turn, facilitates the timely completion of project components.

Project Number: 38164-013
Project Name: Natural Gas Access Improvement Project
Report Date:
Lesson
Undertaking a rigorous risk assessment, including possible mitigation measures during project preparation, helps minimize implementation delays and cost overruns, both of which could undermine the realization of expected project results. A thorough assessment of potential risk factors such as the soundness of supply and demand projections; adequacy and sources of O&M expenditures, including other possible cost-recovery measures; and financial arrangement among borrowers and development partners helps strengthen project preparation.

Project Number: 38164-013
Project Name: Natural Gas Access Improvement Project
Report Date:
Lesson
Reliance on overly optimistic time targets indicated in project proposals can result in unnecessary strain.

Project Number: 38164-013
Project Name: Natural Gas Access Improvement Project
Report Date:
Lesson
Early risk identification and remediation can reduce the impacts of cofinancing cancellation.

Project Number: 38164-013
Project Name: Natural Gas Access Improvement Project
Report Date:
Lesson
A detailed risk assessment that results in the implementation of appropriate mitigation measures is essential to the success of projects.

Project Number: 38164-013
Project Name: Natural Gas Access Improvement Project
Report Date:
Lesson
ADB needs to be more proactive in ensuring project compliance to financial audit requirements.

Project Number: 38164-013
Project Name: Natural Gas Access Improvement Project
Report Date:
Lesson
Tight timelines can undermine actual project outcomes.

Project Number: 38164-013
Project Name: Natural Gas Access Improvement Project
Report Date: