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Comparing BAUM, UNIDO, and DEPSA Cycles

The document compares the project lifecycles of BAUM, UNIDO, and DEPSA. [1] BAUM's project lifecycle contains 6 stages: identification, preparation, appraisal, negotiations, implementation/supervision, and ex-post evaluation. [2] UNIDO's model has 3 stages - pre-investment, investment, and operational - which are further divided into steps. [3] DEPSA also has 3 stages - pre-investment, investment, and operation - and is very similar to UNIDO but seems more focused on engineering projects.

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SAMUEL DEBEBE
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5K views3 pages

Comparing BAUM, UNIDO, and DEPSA Cycles

The document compares the project lifecycles of BAUM, UNIDO, and DEPSA. [1] BAUM's project lifecycle contains 6 stages: identification, preparation, appraisal, negotiations, implementation/supervision, and ex-post evaluation. [2] UNIDO's model has 3 stages - pre-investment, investment, and operational - which are further divided into steps. [3] DEPSA also has 3 stages - pre-investment, investment, and operation - and is very similar to UNIDO but seems more focused on engineering projects.

Uploaded by

SAMUEL DEBEBE
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd

Basic similarity and different between BAUM, UNIDO,

DEPSA project life cycle


BAUM, UNIDO, and DEPSA all refer to types of project development cycles.
A. The BAUM project lifecycle refers to the World Banks' project development
cycle as described by Warren Baum.  
The BAUM project life cycle features 6 stages namely:

1. identification of opportunity
2. preparation for the project
3. appraisal of the project
4. negotiations related to the project
5. implementation and supervision  of the project and
6. ex-post evaluation  

B. UNIDO - The UNIDO model features three major stages which are also
broken down into various steps.
Pre-investment phase
This phase is further divided into:

 A study of the opportunity presented. This has to do with identifying


ideas to be invested in.
 Pre-feasibility study. This stage involves the formulation, and selection
of project alternatives)

 Feasibility study. When the project is selected, then it is tested to


economic feasibility.
 Submission of report on the evaluation          

    2. Investment phase  
This stage is further broken down into:

 Project design stage: At this stage, the criteria for success, and key
deliverables are spelt out.
 Construction stage  (For engineering or building projects)
 Pre-production marketing stage

 Training  of staff


 Kick-off stage  

  3. Operational phase  


This is also broken down into:  
Replacement of equipment  due to wear and tear or upgrade to better
technologies
Development, invasion or liquidation states.
C. DEPSA stands for "Development Project Studies Authority".
This variant of the Project Lifecycle also consists of three major stages. They
are:  

 Pre-investment phase
 Investment and
 Operation

The DEPSA stage is very similar to the UNIDO project life cycle. Both are
defined according to an Investment Cycle paradigm and that's the reason why
you have pre-investment, investment and operations phase for both
methodologies.  
Whilst the UNIDO model is more 'universal' in that it speaks to a wide range of
businesses including engineering projects, DEPSA seems a little skewed
towards engineering projects.  
This is evident in the terminologies used in the investment phases. With
DEPSA you would notice terms like 'detailed engineering design'
'construction', and 'erection'. The UNIDO the investment phase contains
engineering terms but also speaks to 'marketing' and 'training'  
While the BAUM project lifecycle contains all the basic stages in the DEPSA
and UNIDO life cycles, it holds a universal outlook and seems applicable to
both business and engineering projects.
Cheers!

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