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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
An alternative approach for the Completion of projects halted by the closure of the availability period of MFF-financed loans needs to be explored. This is especiallly important for projects with considerable stranded investments (e.g., stranded investments in the Ramazon HPP included $3 million for transmission line and $3 million for site Preparation). To continually implement the Ramazon HPP, the PNG Power Ltd.

Project Number: 41504-013, 41504-023, 41504-025
Project Name: Town Electrification Investment Program (Multitranche Financing Facility and Tranche 2)
Report Date: