Project Management For Developing Countries: Back to Basics

This article has been on ways by which developing countries can go back to the basics of project management as a means for developmental goals. Project management has proven to be an effective and flexible management approach, which has the potential of being of great value to developing countries. There is a need for a stronger emphasis on project implementation as a training mechanism for developing indigenous skills. Improved planning, administrative and technical capacity must be defined as project outputs. The need for highly trained development administrators, especially those with project management skills, is a recurring theme of international assistance evaluation reports. Developing countries require two types of trained project administrators: those who can plan and coordinate the entire project cycle as an integrated process and those who can manage the project as an organizational entity once it is selected and approved (Rondinelli, 1976)

How Informative Are Fraud and Non-Fraud Firms\u27 Earnings?

This study evaluates how informative the earnings of fraud firms are compared to peer non-fraud firms by assessing informativeness in the context of persistence, analysts’ forecast errors, and stock returns. There are differences in how informative the earnings of fraud firms are to analysts’ forecasts and returns in the pre-fraud period, but not in the fraud period. In the post- fraud period, there is no difference in how informative fraud firms’ earnings are to analysts’ earnings forecasts. Furthermore, fraud firm’s earnings are not differentially associated with excess returns post-fraud. When earnings are decomposed into accruals and cash flows, fraud firms’ accruals are more persistent pre-fraud and less so post- fraud while cash flows are not differentially persistent conditional on fraud. The study presents insights that can help practitioners, auditors, regulators, and researchers identify fraud candidates

Livelihoods and poverty reduction in coastal communities in the Western Region of Ghana: analysis of livelihoods baseline data of the ICFG Program

This report is the result of the livelihoods baseline survey as part of the USAID-funded Integrated Coastal and Fisheries Governance (ICFG) Program for the Western Region of Ghana (Hen Mpoano). The survey aims to provide a baseline for interventions to be implemented as part of the Hen Mpoano project by: 1) Establishing a baseline of the status of livelihoods of households in target communities (assess income levels and sources, seasonality issues, assets, vulnerability); 2) Establishing a simplified nutritional baseline of households in target communities and fish species consumed; 3) Identifying opportunities for livelihood diversification in the target opportunities

Household Water Coping Behaviour and Costs in the Volta Basin of Ghana

Ghana is abundant in water resources but frequently experiences seasonal and periodic water scarcities. Households therefore adopt coping strategies and various activities to ensure continuous flow of adequate safe water at the household level. These strategies involve opportunity costs and some amount of financial outlay. Using revealed preference data for 20 randomly selected rural communities in the Volta basin of Ghana this paper employs the coping costs approach to derive the costs of coping with water insecurity. Explicit costs in the form of investments in water storage facilities and costs of water treatment are estimated. Implicit costs (opportunity cost of time) associated with water collection, which varies by season and ecological zone, is valued using the average basic hourly wage of rural women engaged in agriculture. The results of the study show that costs of coping with water insecurity are higher in the dry season and for forest ecology households. The often-stated claim that rural households cannot and should not pay for the full cost of water delivery is not supported by this study. The paper concludes that rural consumers are paying at least as much as their urban consumers for unimproved water. Hence, this paper is of the view that rural consumers have the ability to pay for improved water but may not be willing to do so probably due to their perceptions and attitudes concerning the public good nature and benefits of improved water supply.Resource /Energy Economics and Policy,

Rolling out climate smart Cocoa through public-private partnership in Ghana: A Framework highlighting the step-by-step procedure towards climate smart cocoa finance in Ghana

The cocoa industry has been the mainstay of the Ghanaian economy over the years through the provision of revenues from foreign exchange earnings and the generation of employment for farmers who are mainly small holders. Climate change is a phenomenon that has been taking place throughout history but over the last century it has accelerated and scientists believe it is increasingly due to human activities (Cook et al, 2016). The climate in Ghana has likewise been affected and it is having an impact on agricultural production and therefore cocoa. Thus, cocoa farming areas have been delineated into three climatic impact zones – Cope, Adjust and Transform. The Consultative Group for International Agricultural Research (CGIAR) through the International Institute of Tropical Agriculture (IITA) in Ghana together with the Rainforest Alliance has recently documented and aligned Climate Smart Cocoa practices across the three impact zones to help farmers mitigate the effects of climate change. This document is a step-by-step process to facilitate the partnership among public and private sector financing of Climate smart cocoa (CSC)

Differential Informativeness of Accrual Measures to Analysts’ Forecast Accuracy

This paper evaluates whether analysts incorporate formal measures of earnings quality into their earnings forecasts. It examines whether the accrual ratio and abnormal accruals, measured with the Modified Jones (1991) Model of discretionary accruals, differentially inform analysts’ earnings forecasts. It uses the accuracy of analysts’ forecast as a context in which to evaluate how well analysts incorporate effects of the information contained in accrual ratio and abnormal accruals. The results indicate that the accrual ratio is negatively related to the absolute value of analysts’ forecast errors while the Modified Jones (1991) Model of discretionary accruals have virtually no economic effect on analysts’ forecast error. The insignificant effect of discretionary accruals on analysts’ forecast may be attributed to analysts having already incorporated the information therein in their earnings forecasts, effect of the accrual anomaly having been largely arbitraged away by market participants or both. This paper contributes to the research on analysts’ earnings forecast and earnings quality and helps bridge the gap between practice and theory by demonstrating the differential impact of discretionary accruals (favored by academics) and the accrual ratio (favored by analysts) on analysts’ forecast accuracy. This study informs researchers and policy makers interested in better understanding how analysts affects the financial markets including how they may have learned from previously documented market anomalies such as the accrual anomaly. This is important as ultimately, efficient economy-wide capital allocation decisions are based partly on outputs of analysts’ forecasting processes

The 21st Century way of Dealing with Some Issues Related to Project Teams

This article addresses the issues that comes up as a result of working in a group on project. Assembling a good team is important in any phase of business, but it is especially important when managing a project to make sure that the work can get done on time and on budget. The process of acquiring a project team takes place within the executing processes and is concerned with confirming human resource availability and obtaining the personnel needed to complete project assignments. It is complicated by the fact that individuals with different skill sets will be required at different points throughout the project