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Lesson
Better estimation of generated traffic based on "with project” and “without project” traffic forecasts help avoid overestimation of vehicle operating cost savings and, hence, overestimation of economic internal rate of returns.

Project Number: 41629-013, 44425-013
Project Name: Bihar State Highways II Project
Report Date:
Lesson
It is important to obtain accurate information during the design and appraisal stage to help facilitate growth forecasts of traffic volumes. Such information provides a solid groundwork to assess a transport project’s economic viability and efficiency and helps underpin its rationale, scope, and implementation timeframe. Greater consideration on the survey or collection of traffic data is crucial in enhancing the quality of project-level economic analysis

Project Number: 41629-013, 44425-013
Project Name: Bihar State Highways II Project
Report Date:
Lesson
The establishment of a project performance management system (PPMS), which was not covenanted in the grant agreement, could have provided a useful source of data on which to develop an economic analysis model; identify, quantify, and value economic benefits; and assess the efficiency of the project. Because of the emergency nature of the project, baseline data could be collected during project implementation to enable data comparison after project completion.

Project Number: 52129-001
Project Name: Cyclone Gita Recovery Project
Report Date:
Lesson
Appropriate contract packaging, stakeholder involvement in project preparation, and reliable cost estimates are of particular importance to successful project implementation. This project encountered several weaknesses in design and preparation that made implementation challenging.

Project Number: 43319-022
Project Name: Greater Mekong Subregion East-West Economic Corridor Towns Development Project
Report Date: