EBI3074 Project Planning and Evaluation Faculty of Economics and Business, UNIMAS

COURSE TITLE PROJECT PLANNING AND EVALUATION

(Perancangan dan Penilaian Projek)

COURSE CODE EBI3074

CREDIT 4

PREREQUISITE/S N/A

SYNOPSIS This course discusses the theories and techniques of planning,

relationship between planning at micro/project and macro/sector
levels, project cycle and project analysis from economic, financial,
commercial and social points of view. Project evaluation techniques;
traditional and discounting methods will be discussed together with
application of economic and social accounting prices and issues in
project planning and evaluation.

(Kursus ini membincangkan teori dan teknik-teknik dalam

perancangan, perhubungan antara perancangan pada peringkat
mikro/projek dan peringkat makro/sektor, kitaran projek dan analisis
projek dari segi ekonomi, kewangan, komersial dan sosial.
Teknik-teknik penilaian projek, kaedah tradisional dan kaedah
pendiskaunan juga akan dibincangkan bersama-sama penggunaan
harga perakaunan ekonomik dan sosial dan isu-isu dalam
perancangan dan penilaian projek.)

LEARNING By the end of this course, students will be able to:

OUTCOMES o Organize the flow and concepts important in project planning.
[P5, CT]
o Prepare a plan and manage development projects. [A4, LS]
o Construct the cost-benefit analysis in evaluating and planning
for development projects. [C5, ES]

STUDENT Guided LHs Self LHs

LEARNING Lectures 28 36
HOURS Tutorials 14 18
Student-Centered Learning 14 14
Continuous Assessment 9 18

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EBI3074 Project Planning and Evaluation Faculty of Economics and Business, UNIMAS

Final Examination 3 6
Sub-Total 68 92
Total 160 Hours

LEARNING Guided LHs

UNITS 1. Introduction 4
- Definition of the project
- Project Life Cycle
- Organizational Context of the project

2. Project selection and management 4

- Models of Project Screening
- Financial models
- Benefit-Cost Ratio (BCR), Net Present Value (NPV),
Payback Period
(PP), and Internal rate of return

3. Cost Benefit Analysis (CBA) 4

- Introduction of CBA
- Conceptual Foundation of CBA
- Limitations of CBA

4. Fundamentals of CBA 4
- Microeconomic Foundations of CBA
- Valuing Benefits and Costs in Primary Markets
- Valuing Benefits and Costs in Secondary Markets

5. Discounting Benefits and Costs in Future Time Periods 8

- Basics of Discounting
- Compounding and Discounting over Multiple Years
- Timing of Benefits and Costs

6. Dealing with Uncertainty 8

- Expected Value Analysis, Sensitivity Analysis and
Information and Quasi-Option Value
- Option Price Value
- Existence Value

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EBI3074 Project Planning and Evaluation Faculty of Economics and Business, UNIMAS

7. Social Discount Rate 8

- Theory behind Social Discount Rate
- Shadow Price of Capital
- Actual Price of Social Discount Rate

8. Predicting and Monetizing Impacts 8

- Predicting Impacts
- Monetizing Impacts
- Valuation of Impact
- Contingent Valuation
- Shadow Prices

9. Accuracy of CBA 8
- Source of Error
- Effects of Errors on CBA
- Case study

Total 56

ASSESSMENT Group Assignments 35 %

Midterm Test 15 %
Final Examination 40 %
Quizzes 5 %
Tutorial 5 %
Total 100 %

REFERENCES 1. Boardman, A.E., D.H. Greenberg, A.R. Vining and D.L.

Weimer. (2011). Cost-Benefit Analysis, Concept and Practice.
(Fourth Edition). New Jersey: Pearson.

2. Kloppenborg, T.J. (2012). Contemporary Project Management:

Organize, Plan, Perform. (2nd Edition, International Edition).
South Western: Cengage Learning.

3. Park, C.S. (2011). Contemporary Engineering Economics.

(Fifth Edition, International Edition). New Jersey: Pearson.

4. Wirick, D.W. (2009). Public-sector project management :

meeting the challenges and achieving results. Hoboken, N.J. :
Wiley, 2009.

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EBI3074 Project Planning and Evaluation Faculty of Economics and Business, UNIMAS

5. Burke, R. (2003). Project Management: Planning and Control

Techniques. (Fourth Edition). London: John Willey.

Last updated: June 5, 2012, Tue, 4:21 PM

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