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Third, it provided comprehensive training for students, who not only received excellent technical training in social project assessment that combined theory and practice but also learned effective teamwork, precise and concise writing, public speaking, respect for deadlines, and a commitment to work undertaken. Inter-American Course on the Preparation and Assessment of Investment Projects From toErnesto Fontaine directed a successful technical assistance project on the social evaluation of investment projects and programming at the Organization of American States OASin Washington, D.
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The SNI was recognized across Latin America as worthy of imitation, and indeed, several countries copied the idea, although with mixed results. As the author affirms, over its three decades, CIAPEP managed to train hundreds of professionals in the social assessment of projects, a field that offers reasoned cost-benefit analyses of a wide range of investment projects. Then, near the end of each course, a group of experts would examine the projects and make suggestions that could be incorporated into the case study.
Notable graduates of the Faculty, Roberto Kelly and Miguel Kast — who were respectively Minister and Undersecretary of MIDEPLAN at the time — obtained the government resources needed to keep the course going, evaluacioon longer as an international cooperation project but as a Chilean project of regional scope under a new name: We would like to thank Sergio Rudolphy, Jaime Artigas, and Rosario Ravera for their valuable assistance in assembling and selecting these projects.
CIAPEP courses were forerunners in Chile and indeed in the region for professionalizing the social assessment of public projects and policies based evalhacion technical criteria and for affirming such assessment as a core discipline for the efficient and effective management of public finances. Inthe IDB decided to terminate the bilateral cooperation agreement.
We also wish to thank Denise Fontaine, daughter of Ernesto Fontaine, for providing photos and bibliographic material. It sought to train professionals both for starting up the initiative and for keeping it up to date into the future. This course took a pioneering approach sociwl centered on measuring and evaluating the efficiency and social profitability of projects in order to prioritize and maximize the effectiveness of public spending.
First, it raised awareness around sociql country about Social Assessment of Projects and made a decisive contribution to building human capital in this field, which is essential for its successful application in the country. Second, it conducted social assessments on a hundred government projects, allowing several that were not beneficial to the country to be halted and helping the country by providing numerous new social assessment methodologies and improving others.
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The new program lasted six and a half months, with 10 weeks of theory and a week practicum. The adoption of this methodology for analyzing the profitability of public and private works was somewhat visionary at the time, and it enabled the Government of Chile and those govenments of other countries that commissioned studies or sent their own professionals for training not only to invest well but also to save large sums of money.
From toErnesto Fontaine directed a successful technical assistance project on the social evaluation of investment projects and programming at the Organization of American States OASin Washington, D.
Ernesto Fontaine was a great promoter of these initiatives.