DEV 9150: Project Appraisal & Implementation - Lecture Review

Comprehensive practice flashcards covering project cycle phases, planning definitions, economic models, and common causes of planning failure based on the DEV 9150 lecture by Prof. Vincent Kanyamuna.

According to the lecture, what are the five stages of a generic project cycle?

1. Project Identification/Assessment, 2. Project Design, 3. Project Appraisal, 4. Project Implementation & monitoring, 5. Project Evaluation & Learning

In the project identification stage, what is the starting point for development project needs identification?

Examining existing social projects and priority areas with different stakeholders.

What characteristics should objectives in a good project design possess?

They should be clearly and realistically stated, reflect beneficiaries' desired improvements, and have specific and measurable indicators.

Define the purpose of pre-feasibility and feasibility analyses during the appraisal phase.

To identify and eliminate project alternatives that are not feasible or fail to maximize project objectives.

What is the specific role of a project manager during the Implementation phase?

To coordinate and direct project resources to meet the objectives of the project plan and produce deliverables.

In the context of project management, what is defined as a 'deliverable'?

Anything your project delivers.

What are the three main functions of evaluation and learning at the end of a project cycle?

Accountability (proving results to stakeholders), Improvement (learning what worked/didn't), and Knowledge (contributing to an evidence base).

How does the lecture define 'planning' as a management function?

A future-oriented process of thinking carefully about goals, developing strategies, outlining tasks, and schedules while considering all possible problems.

What is the difference between a project 'goal' and an 'objective'?

A goal is a general statement of aim or purpose, while objectives are specific and measurable targets for achieving outcomes.

How is a 'mission' distinguished from a 'vision'?

A mission is the basic purpose and reason for existence of an organization, while a vision describes what an organization is striving for and wants to achieve.

What is the Vision of Zambia Postal Services as cited in the notes?

To reach everyone everywhere.

What is the difference between Top-down and Bottom-up planning approaches?

Top-down plans are formulated by management and passed down, while Bottom-up (participatory) plans involve active stakeholder and local participation.

What are the components of a SWOT analysis?

Strengths (things we are good at), Weaknesses (things we are not good at), Opportunities (our potential), and Threats (the risks we face).

How does Jhingan (2011) define a 'model' in economic planning?

A series of mathematical equations that express relationships among economic variables to explain and predict past and future events under simplifying assumptions.

Distinguish between endogenous and exogenous variables in a planning model.

Endogenous variables (e.g., national income, consumption) are determined within the system; exogenous variables (e.g., prices, imports) are determined from outside the system.

What are the three important elements of development planning models?

a. Objectives, b. Instrument Variables, and c. Functional Relationships.

What is the specific objective of Zambia's Vision 2030 mentioned in the text?

Making Zambia a Prosperous Middle Income Nation by sustaining an annual average economic growth rate of $6-10\%$.

Define 'Instrument Variables' in the context of planning models.

Policy measures (independent variables) necessary to achieve objectives, such as levels of savings, investment, or the supply of skills.

What characterizes 'Aggregate Models of Planning'?

They involve macroeconomic estimates for the entire economy using critical variables like national output, savings, investment, and exports (e.g., Harrod Domar models).

How do 'Inter-industry Models' (Multi-Sector Models) function?

They use simultaneous algebraic equations to show how industries are interrelated as both producers of outputs and users of inputs from other industries.

What defines 'Analysis Paralysis' as a cause of planning failure?

A situation that remains static while being analyzed, leading to a 'Delay-default syndrome' where difficult choices are continually pushed into the future.

According to the notes, why is 'Complacency' a factor in planning failure?

It involves ignoring threat warnings and creates a lack of preparedness for emergencies in both private and public bureaucracies.

What are the social objectives of economic development planning?

To reduce economic inequalities, promote social justice, improve the standard of living, and develop social services like health and education.

Why is 'Stability' considered as important as 'Growth' in economic planning?

It implies the absence of frequent and excessive inflation or deflation which can create structural imbalances in the economy.