Organizing not-for-profit project benefits and cost data. (Belli et al., 2001, Mauritius) You may organize project benefit
Question:
Organizing not-for-profit project benefits and cost data. (Belli et al., 2001, Mauritius)
You may organize project benefit and cost data in various ways depending on the distribution of benefits and costs among stakeholders and overall project benefit to society to assess the project’s attractiveness to various groups and society.
Table 1 is a summary of a real-life case in Mauritius. It involved establishment of a training program for 100 trainees. We discussed this in class.
Table 1: Mauritius Higher and Technical Education Project
Benefits and Costs Students Educational Institutions Government Society
BENEFITS
Incremental Income 2,204 0 945 3,149
COSTS
Forgone Income (910) 0 (271) (1,181)
Tuition & fees (259) 259 0 0
Investment Costs 0 (343) (10) (353)
Recurrent Costs 0 (144) 0 (144)
Transfer from Government 0 487 (487) 0
Total costs (1,169) 259 (767) (1,678)
Net Benefits 1,035 259 177 1,471
iii. Explain clearly, carefully and fully the figure for each stakeholder in the row Total Costs.
iv. Apparently, this is a win-win project. Everybody benefited. What proportion of overall benefits went to Students, Educational Institutions, Government and Society?
Modern Database Management
ISBN: 978-0133544619
12th edition
Authors: Jeff Hoffer, Ramesh Venkataraman, Heikki Topi