Question:
The Investment Project Process Manual (IPPM) has been issued in accordance with Section 22A of the Finance and Audit Act as amended by the Finance and Audit (Amendment) Act 2008.
(a) What are the aims of the IPPM?
A Project Plan Committee is set up at the Ministry of Public Infrastructure and consists of representatives of other public bodies to assist the Committee in discharging its functions.
(b) What are the functions of the Project Plan Committee as stated in the IPPM?
Completion of feasibility study is an important step in acquiring funding for the design and construction of proposed projects.
(c) What are the benefits of feasibility study as stated in the IPPM?
There are different criteria that are used to evaluate projects that are submitted as per the Project Request Form (PRF).
(d) List the criteria that are used to evaluate the projects as stated in the IPPM.