Abstract
Transport infrastructure projects are complex, stochastic and fraught with uncertainties, which if not
accurately predicted, can lead to inadequate assessment and management of risksand over time, poor
performance in terms of costs, and associated expected benefits from implementation. The objective
of this paper is to identify critical factors which should ideally be included in feasibility studies for
adequate prediction of performance of road projects while in operation. A thorough in-depth desk
study was conducted using extant literature (from conference proceedings and journals) and reports
on feasibility and performance of transport infrastructure projects in Africa and world over. Findings
revealed that effectiveness of procurement and financing strategies was the most considered factor
during feasibility studies, among the sampled studies; followed by public participation, role of national
government and traffic demand factors. Other factors included project environment, planning for
operations and effectiveness of plans. These findings will be beneficial to investors who need
assurance of the worthwhile performance of transport projects in which they intend to invest in. The
study will inform selection of worthwhile projects among alternative and competing options which
need to be implemented with limited resources.