Last Updated:
20 Jul 2018

GIF Project Readiness Assessment (PRA)

The Project Readiness Assessment (PRA) is a standardized tool managed and financed by the Global Infrastructure Facility (GIF) that assesses the completeness of project preparation to date, identifies key information gaps, and recommends actions client governments can take to foster robust project preparation, and maximize the probability of reaching project financial close and attaining long-term sustainability.

This tool provides governments with an independent “snapshot in time” assessment of the quality of project preparation work and provides an action plan of recommendations to ensure governments possess the information necessary before taking key investment and tendering decisions. The tool also includes a basic high-level risk assessment for the project. This action plan will then typically form the basis for an application for a full package of project preparation support to the government, including funding and staff support by the GIF, if desired.