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Management policy review : delays in project preparation (English)

This study attempts to illuminate a widespread concern that the preparation of projects for Bank/IDA financing takes too long and to identify ways in which the Bank might usefully help to speed it up. It had three principal bases: (i) four projects approved in 1971-73, two with normal preparation periods and two with very long preparation periods; (ii) an opinion survey of 1974 borrowers; and (iii) a special review of the broader experience on this topic of OED, particularly 50 projects approved mainly in the 1960s. The study concludes that a preparation period of two years, which has been considered the norm, is not unreasonable; procedural delays were insignificant; and slow government decisions were rarely a factor and generally led to worthwhile delays when they were a factor. The main scope for savings seems to be in connection with studies for developing the project idea and meeting the needs of the Bank. The most important operational suggestion is that the Bank ensure experienced staff to work with the borrower and advise on preparation. One possible way to achieve this objective is outlined in detail, and suggestions for further study are given.

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Management policy review : delays in project preparation (English). Corporate and process evaluation Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/354131468140379028/Management-policy-review-delays-in-project-preparation