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1. IntroductionProjectappraisalisth

1. Introduction
Projectappraisalistheprocessofcomparingvirtuesand
deficienciesofaproject.Thetaskistodeterminethecon-
sequencesofaprojectandtohandlethisknowledge.Itis
obviousthataprojectisonlyfeasibleifthevirtuescompensate
forthedeficienciesandthatthebestprojectistheonewherethe
so-callednetgainisthegreatest.Thechallengeistofinda
methodtodescribethecriteriainawaythatmakesthem
comparableandtofindarationalandtrustworthymethodto
comparethecriteria.Traditionally,withintransportappraisalof
infrastructureprojects,acost-benefitanalysis(CBA)isapplied
estimatingandtotalingtheequivalentmoneyvalueofrespec-
tivelythebenefitsandcoststothecommunityofprojectsin
ordertoestablishwhethertheyareapplicabletothesocietyor
not.Extensiveliteratureonthiswell-establishedanddebated
processintransportisavailable—see,forexample Pearmanetal.
(2003), Grant-Mulleretal.(2001), and Leleur(2000). Oneofthe
majorpitfallsintheapplicationofCBAisthelackof
transparency(mostoftenpoliticiansarefacedwithasingle
pointrateofreturn)andthelackofdata(ShortandKopp,2005).
Thus,thedeterministicsinglepointoutputcriteriaaspresented
fromtheCBAapproacharemostoftenbasedupon‘‘bestguess
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1. giới thiệuProjectappraisalistheprocessofcomparingvirtuesanddeficienciesofaproject. Thetaskistodeterminethecon-sequencesofaprojectandtohandlethisknowledge. ITISobviousthataprojectisonlyfeasibleifthevirtuescompensateforthedeficienciesandthatthebestprojectistheonewheretheVì vậy-callednetgainisthegreatest. Thechallengeistofindamethodtodescribethecriteriainawaythatmakesthemcomparableandtofindarationalandtrustworthymethodtocomparethecriteria. Theo truyền thống, withintransportappraisalofinfrastructureprojects, acost-benefitanalysis (CBA) isappliedestimatingandtotalingtheequivalentmoneyvalueofrespec-tivelythebenefitsandcoststothecommunityofprojectsinordertoestablishwhethertheyareapplicabletothesocietyorkhông. Extensiveliteratureonthiswell-establishedanddebatedprocessintransportisavailable — xem, forexample Pearmanetal.(2003), Grant-Mulleretal. (2001), và Leleur(2000). OneofthemajorpitfallsintheapplicationofCBAisthelackofminh bạch (mostoftenpoliticiansarefacedwithasinglepointrateofreturn)andthelackofdata(ShortandKopp,2005).Vì vậy, thedeterministicsinglepointoutputcriteriaaspresentedfromtheCBAapproacharemostoftenbasedupon'' bestguess
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1. Pearmanetal. (2003), Grant-Mulleretal. (2001), và Leleur (2000).




















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