You may organize project benefit and cost data in various ways depending on the distribution of benefits and costs among stakeholders and overall project benefit to society to assess the projects attractiveness to various groups and society. Table 1 is a summary of a real-life case in Mauritius. It involved establishment of a training program for 100 trainees. We discussed this in class. Table 1: Mauritius Higher and Technical Education Project

Benefits and Costs Students Educational Institutions Government Society BENEFITS Incremental Income 2,204 0 945 3,149 COSTS Forgone Income (910) 0 (271) (1,181) Tuition & fees (259) 259 0 0 Investment Costs 0 (343) (10) (353) Recurrent Costs 0 (144 ) 0 (144) Transfer from Government 0 487 (487) 0 Total costs (1,169) 259 (767) (1,678) Net Benefits 1,035 259 177 1,471 i. Explain clearly, carefully and fully, the figure 2,204 under Benefits for Students and how it was arrived at.

ii. Explain clearly, carefully and fully, the figure 945 for Government and 3,149 for society, and how it was arrived at.

iii. Explain clearly, carefully and fully, the figure (910) under costs for Students, (271) for Government and (1,181) for Society.