Forest Project Analysis and Management

Contents Foreword. Preface. I. Project preparation and implementation 1. Projects defined. 2. Project cycle. 3. Project formulation. 4. Project monitoring and evaluation. II. Project valuation 5. Forest valuation. 6. Annuity measures. 7. Valuing stumpage. III. Project analysis 8. Undiscounted measures of project analysis. 9. Discounted measures of project analysis. 10. Time series analysis and forecasting. IV. Project management 11. Network analysis PERT and CPM. Annexure. References. Forest closely links human activities with nature. Similar to agriculture forests also reveal the wealth of a nation. Investment in forestry and realisation of returns is taken care of by the state due to the long gestation period and several laws governing the exploitation of forest resources. However efforts are taken by the government to widen the forest cover through several afforestation programmes and agroforestry projects. Both at the regional level and at the micro level the stakeholders in the forest development have to understand certain basic principles underlying forest management. An attempt is made in this book to explain the principles of economics and management as applied to a development project in the forest sector. This book is prepared with the undergraduate students of forestry in mind and hence the sophisticated mathematical applications are limited. It is believed that this book will be useful to them. 86 pp.…