nep-ppm New Economics Papers
on Project, Program and Portfolio Management
Issue of 2022‒06‒13
nine papers chosen by
Arvi Kuura
Tartu Ülikool

  1. How impact evaluation methods influence the outcomes of development projects? Evidence from a meta-analysis on decentralized solar nano projects By Fatoumata Nankoto Cissé
  2. An Integrated Investment Appraisal of a Irrigation Project in Zimbabwe By Aidah Nanyonjo; Mikhail Miklyaev
  3. An Integrated Investment Appraisal of a Road Project in Zimbabwe By Precious P. Adeshina; Mikhail Miklyaev
  4. Estimation of Economic Opportunity Cost of Capital: An Operational Guide for Mozambique By Abdullah Othman; Glenn P. Jenkins; Mikhail Miklyaev
  5. An Integrated Investment Appraisal of a Water Projects in Zimbabwe By Shahryar Afra; Mikhail Miklyaev
  6. An Integrated Investment Appraisal of a Public Private Partnership (PPP) Ghana Road Project By Majid Hashemi; Mikhail Miklyaev
  7. Assessment of the advancement of market-upstream innovations and of the performance of research and innovation projects By Svetlana Klessova; Sebastian Engell; Catherine Thomas
  8. Mapping low-carbon industrial technologies projects funded by ERDF in 2014-2020 By MARQUES SANTOS Anabela; RESCHENHOFER Peter; BACHTRÖGLER-UNGER Julia; CONTE Andrea; MEYER Niels
  9. THE ECONOMIC MODELS OF SPORTS ASSOCIATIONS: THE CASE OF HANDBALL CLUBS IN NORTHERN FRANCE By Pierre-Yves Janssoone; Antoine Feuillet; Mathieu Jéöl; Mickael Terrien

  1. By: Fatoumata Nankoto Cissé (Centre d'Economie de la Sorbonne & I&P)
    Abstract: This study analyzes the effect of impact evaluation methodologies on the positive and negative outcomes of decentralized solar nano projects in developing countries. Data originate from the Collaborative Smart Mapping of Mini-grid Actions (CoSMMA) developed by the Foundation for studies and Research on International Development (FERDI). This study is based on a total of 727 tested effects from 10 decentralized solar nano projects which have been measured by experimental and quasi-experimental approaches. Using a multinomial-logit regression shown that randomized and non-randomized evaluation methods have a similar probability of generating a proven favorable outcome on the sustainable development of decentralized solar nano projects. By estimating a complementary log-log model, projects are most often evaluated as successful when effects on education are tested. In addition, a discrepancy of impacts is found between randomized control trials and difference-in-difference strategies in proven-unfavorable outcomes of projects. This analysis also highlights the convergence of impacts between randomization and matching techniques on projects implemented in Africa. Findings from this paper provide strong evidence for development practitioners to choose the appropriate impact assessment method
    Keywords: Impact evaluation; Meta-analysis; Experimental methods; Quasi-experimental methods; Randomized control trials; Matching; Difference-in-difference; Decentralized electrification; Sustainable development
    JEL: C18 C90 F63 O12 O22 Q01 Q42
    Date: 2022–03
    URL: http://d.repec.org/n?u=RePEc:mse:cesdoc:22008&r=
  2. By: Aidah Nanyonjo (Cambridge Resources International Inc.); Mikhail Miklyaev (Department of Economics, Queens University, Kingston, Ontario, Canada, K7L3N6 and Cambridge Resources International Inc.)
    Abstract: This study is an instructive tool in the preparation and appraisal of Irrigation projects, supplements the Public Investment Management Guidelines (PIM Guidelines) and the Public Investment Management Manual (PIM Manual). It is designed to aid public officials working within the irrigation sector especially those responsible for the planning, appraisal, development, selection, budgeting, and implementation of Irrigation projects. The IPAM provides guidance on the methodology and best practices employed in the appraisal of Irrigation projects.
    Keywords: Cost Benefit Analysis, Irrigation, Public Investment, Zimbabwe
    JEL: D61 I38 O55 Q25
    Date: 2022–04–18
    URL: http://d.repec.org/n?u=RePEc:qed:dpaper:4588&r=
  3. By: Precious P. Adeshina (Cambridge Resources International Inc.); Mikhail Miklyaev (Department of Economics, Queens University, Kingston, Ontario, Canada, K7L3N6 and Cambridge Resources International Inc.)
    Abstract: Public resources are finite and as such should be employed efficiently. There is an opportunity cost in the use of resources in one project over another. Hence, there is a need to ensure that resources are put to their best use given that the same resources can be allocated to alternative uses. Hence, this Road Projects Appraisal serves the purpose of scrutinizing proposed road projects to ensure that public expenditure in the development of road infrastructure in Zimbabwe leads to the achievement of development objectives and socio-economic growth. The road project appraisal manual (RPAM) provides step by step guidance on how to formulate, prepare and appraise proposed road projects.
    Keywords: Cost Benefit Analysis, Road, Public Investment, Zimbabwe
    JEL: D61 H54 O55 L92 R42
    Date: 2022–04–18
    URL: http://d.repec.org/n?u=RePEc:qed:dpaper:4587&r=
  4. By: Abdullah Othman (Cambridge Resources International Inc.); Glenn P. Jenkins (Department of Economics, Queens University, Kingston, Ontario, Canada, K7L3N6 and Cambridge Resources International Inc.); Mikhail Miklyaev (Department of Economics, Queens University, Kingston, Ontario, Canada, K7L3N6 and Cambridge Resources International Inc.)
    Abstract: In this paper, an analytical framework and a practical approach are developed to measure the economic opportunity cost of capital (EOCK). This national parameter is an essential determinant for practical application to the economic appraisal of investment projects in a consistent manner for a country. An application of the model is carried out for Mozambique since Mozambique is a small open economy and is also integrated into the global capital market. Estimate of the EOCK is based on the hypothesis that when funds are raised in the capital market to finance any investment project, those funds are likely to come from displaced investment, newly stimulated domestic savings, and newly stimulated foreign capital inflows. It can then be estimated as a weighted average of the opportunity cost of each of the three alternative sources of funds. The EOCK is the most appropriate rate used to discount the economic benefits and costs of a project to see if the project is economically viable for society as a whole.
    Keywords: Capital Market, Discount Rate, Investment Funds, Investment Projects, Economic Growth, Mozambique
    JEL: H43 O22
    Date: 2022–04–18
    URL: http://d.repec.org/n?u=RePEc:qed:dpaper:4582&r=
  5. By: Shahryar Afra (Cambridge Resources International Inc.); Mikhail Miklyaev (Department of Economics, Queens University, Kingston, Ontario, Canada, K7L3N6 and Cambridge Resources International Inc.)
    Abstract: Public resources are finite and, as such, should be employed efficiently. There is an opportunity cost in the use of resources in one project over another. Hence, there is a need to ensure that resources are put to their best use, given that the same resources can be allocated to alternative uses. The Water Supply Projects Appraisal Manual (WSPAM) serves to scrutinize proposed water supply projects to ensure that public expenditure in the development of water supply infrastructure in Zimbabwe leads to the achievement of development objectives and socio-economic growth. The WSPAM provides guidance on the methodology and best practices employed in the development and appraisal of water supply projects.
    Keywords: Cost Benefit Analysis, Water, Public Investment, Zimbabwe
    JEL: D61 I38 L95 O55 Q25
    Date: 2022–04–18
    URL: http://d.repec.org/n?u=RePEc:qed:dpaper:4590&r=
  6. By: Majid Hashemi (Department of Economics, Queens University, Kingston, Ontario, Canada, K7L3N6 and Cambridge Resources International Inc.); Mikhail Miklyaev (Department of Economics, Queens University, Kingston, Ontario, Canada, K7L3N6 and Cambridge Resources International Inc.)
    Abstract: A feasibility studies was carried out on the main highway one of Ghana’s largest city which is a 19.5 km dual carriageway constructed as a freeway fifty years ago with an intended design life of 20 years. After several years of use and inadequate maintenance, the pavement has outlived its terminal level of serviceability with visible fatigue-cracking, joint failures, and pumping under wheel load and requires reconstruction. To address these issues and ensure the sustainability of Ghana’s socio-economic development trajectory, the Government of Ghana has identified the Main Highway Project as one of the transport infrastructure projects needed to support the country’s accelerated growth strategy.
    Keywords: Public-Private Partnership, Cost Benefit Analysis, Ghana
    JEL: D61 I38 H54 L92 R42
    Date: 2022–04–18
    URL: http://d.repec.org/n?u=RePEc:qed:dpaper:4586&r=
  7. By: Svetlana Klessova (GREDEG - Groupe de Recherche en Droit, Economie et Gestion - UNS - Université Nice Sophia Antipolis (... - 2019) - COMUE UCA - COMUE Université Côte d'Azur (2015-2019) - CNRS - Centre National de la Recherche Scientifique - UCA - Université Côte d'Azur); Sebastian Engell (TU - Technische Universität Dortmund [Dortmund]); Catherine Thomas (GREDEG - Groupe de Recherche en Droit, Economie et Gestion - UNS - Université Nice Sophia Antipolis (... - 2019) - COMUE UCA - COMUE Université Côte d'Azur (2015-2019) - CNRS - Centre National de la Recherche Scientifique - UCA - Université Côte d'Azur)
    Abstract: The assessment of the advancement of technological innovations at their development stage is a difficult task, but important to judge on the performance of innovation projects. Assessments have so far been made by assessing technical characteristics, subjectively, or by counting patents. This paper proposes an approach to assess the advancement of market-upstream innovations directly and objectively, through the advancement of their technological maturity. On this basis, also the innovation performance of larger projects that were put in place to progress one or several innovations, can be assessed. The paper presents an exploratory qualitative multi-case study of 54 innovative technologies at different maturity levels, that were developed in 5 market-upstream large technological research and innovation projects with mostly engineering and IT dimensions, funded by the European Union's Research and Innovation Programmes under its sub-programme "Leadership in Enabling and Industrial Technologies". From extensive documentation and data from interviews, a refined technology readiness scale and a scoring method that reflects the increase in the required efforts to advance the maturity of the innovations is developed. The findings provide groundwork for future research on market-upstream innovation and how the innovation performance of projects can be measured at the early stages of the innovation process.
    Keywords: Innovation,Innovative technologies,Market-upstream,Maturation,R&D,Technology readiness levels,Project,Innovation performance
    Date: 2022
    URL: http://d.repec.org/n?u=RePEc:hal:journl:hal-03636260&r=
  8. By: MARQUES SANTOS Anabela (European Commission - JRC); RESCHENHOFER Peter; BACHTRÖGLER-UNGER Julia; CONTE Andrea (European Commission - JRC); MEYER Niels (European Commission - JRC)
    Abstract: Industry contributed for about 20% of the greenhouse gas emissions in 2019 in the EU. Cement, chemicals and steel industries are among the most energy-intensive industries. Around €26,522 Million of the European Regional Development Fund (ERDF) was used to support projects related to low-carbon industrial technologies (15% of the total ERDF in the period 2014-2020). 16% of the ERDF low-carbon project is associated with Research & Innovation (R&I) funding (€4,255 Million). 13% of R&D project in low-carbon are transnational and interregional cooperation projects (€549 Million) under the Interreg programme. Higher share of low-carbon projects over total ERDF is observed in central and eastern Europe. ERDF projects in the chemicals industry (€407 Million) registered a substantially higher amount than those in cement (€101 Million) or steel (€89 Million) industries.
    Keywords: Low-carbon technologies, R&D, Innovation, ERDF, EU
    Date: 2022–04
    URL: http://d.repec.org/n?u=RePEc:ipt:iptwpa:jrc128452&r=
  9. By: Pierre-Yves Janssoone; Antoine Feuillet (Université de Lille, CIAMS - Complexité, Innovation, Activités Motrices et Sportives - UO - Université d'Orléans - Université Paris-Saclay); Mathieu Jéöl (URePSSS - Unité de Recherche Pluridisciplinaire Sport, Santé, Société (URePSSS) - ULR 7369 - ULR 4488 - UA - Université d'Artois - Université de Lille - ULCO - Université du Littoral Côte d'Opale); Mickael Terrien (idheap - Institut de hautes études en administration publique - UNIL - Université de Lausanne)
    Abstract: The French Handball Federation has put at the heart of its strategic project the will to see its clubs diversify their financial resources and multiply the practice offers (health, leisure...) to remain attractive in a changing sport context. In order to accompany this process, this research focuses on the economic models of handball clubs in order to categorize them and identify development levers. Different statistical methods were applied to achieve this. A principal component analysis and a K-means classification allow us to propose a double taxonomy of the clubs: their economic models and their level of professionalization. These methods were applied to the clubs of the Comité Nord (59 clubs), which were contacted by sending a questionnaire. The reading grid created allows to characterize the current situation of the French handball clubs and to identify different opportunities and threats for each of the identified categories.
    Abstract: La fédération française de handball a mis au cœur de son projet stratégique la volonté de voir ses clubs diversifier leurs ressources financières et multiplier les offres de pratique (santé, loisir…) pour rester attractif dans un contexte sportif en mutation. Afin d'accompagner ce processus, cette recherche s'intéresse aux modèles économiques des clubs de handball dans l'objectif de les catégoriser et d'identifier des leviers de développement. Différentes méthodes statistiques ont été appliquées pour y parvenir. Une analyse en composantes principales (ACP) et une classification K-means permettent de proposer une double taxonomie des clubs : de leurs modèles économiques et de leur niveau de professionnalisation. Ces méthodes sont appliquées aux clubs du Comité Nord (59 clubs) qui ont été sollicités par l'envoi d'un questionnaire. La grille de lecture créée permet de caractériser la situation actuelle des clubs de handball français et d'identifier différentes opportunités et menaces pour chacune des catégories identifiées.
    Date: 2022
    URL: http://d.repec.org/n?u=RePEc:hal:journl:hal-03418321&r=

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