Concepts, scope and uses of project evaluation; brief history of project evaluation; project evaluation in project cycle; elements of cost-benefit analysis; classes of project costs and benefits; indicators of cost-benefit comparison; traditional cost-benefit analysis; valuation of unmarketable items; effects of induced price changes; the new methodologies; the new methodologies - valuation of distribution effects; value-added method; uncertainties in project evaluation; an integrative framework of project evaluation.
