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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
The design and processing of complementary or subsidiary loans need to adequately consider the implementation progress of their parent projects.

Project Number: 45200-002
Project Name: Sustainable Urban Transport for Ho Chi Minh Mass Rapid Transit Line 2
Report Date: