Transcription of Project Evaluation Guidelines - NYU
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Project Evaluation Guidelines - NYU
21 Project Evaluation GuidelinesProject EvaluationGuidelinesQueensland TreasuryFebruary 1997 For further information, please contact:Budget DivisionQueensland TreasuryExecutive Building100 George StreetBrisbane Qld 4000or telephone (07) 3224 5712 Contents1. Introduction ..12. What is Project Evaluation ? ..23. The purpose of Project Evaluation ..34. Which projects should be evaluated? ..45. Costs and timing ..56. How does Project Evaluation link to strategic plans and the budget process? .. 67. The Project Evaluation process .. Define the objectives and scope of the Project .
Project Evaluation Guidelines 5. Costs and timing Costs The resources devoted to each evaluation should be commensurate with the size and importance of expenditure involved. As a major purpose of project evaluation is to improve value for money, the cost of project evaluation must be balanced against the benefits of improved decision making.
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