Shugart, Chris. 2006. Quantitative Methods for the Preparation, Appraisal, and Management of PPI projects in Sub-Saharan Africa. Midrand, South Africa: NEPAD.

"Key References: Value for Money Analysis" Describes some methodological inconsistencies and challenges with the PSC—focusing on two related issues: which is the appropriate discount rate to use when calculating present values, and how the cost of risk should be considered.

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