Project cycle

introduction to different components of a project cycle

1. Introduction to project cycle By Tilak Raj Chaulagai , Nepal

2. Project Cycle: Every project passes through different stages The project passes through these stages from project initiation to completion These stages are generally expressed in terms of cycles which is known as project cycle Hence, Project Cycle is the process of completing one stage after another Or Project Cycle is a process of carrying out series of project activities at different stages Whatever the project is, there tends to be a natural sequence in the way the projects are planned and carried out and this sequence is often called the 'Project Cycle '.

3. Project Cycle: General Model of Project Cycle

4. Types of Project Cycle World Bank Project Cycle ADB Project Cycle UNIDO (United Nations Industrial Development Organization) Project Cycle etc

5. World Bank Project Cycle WB 6-stage Cycle 1978: Identification Preparation Appraisal Negotiation Implementation and supervision Evaluation

6. 6 ADB Project Cycle Preparation Appraisal/Approval Implementation Evaluation Country Strategy

7. 7 UNIDO Project Cycle … Pre-Feasibility Study Feasibility Study Appraisal Negotiation & Agreement Organization Implementation Monitoring & Evaluation Operation and Maintenance Project Identification SANA = Situation & Need Analysis

8. 8 Three Stages: Pre-investment Stage Investment Stage Operation Stage Stages of Project Cycle …

9. 9 Pre-investment Stage: Identification of project Project development Project proposal Pre-feasibility study Feasibility study Project appraisal Project negotiation/agreement Stages of Project Cycle …

10. 10 Identification of the Project Sources of project ideas: Need/demand Existing projects Resource/raw materials National development plan Political and opinion leaders International agencies Donors etc

11. 11 Identification of the Project Before formulating a project, the project initiators need to ask many questions in order to make clear, well defined and a doable project. These questions are: What for: The objectives of the project How : The process, and the internal and external resources Who :         For whom, by whom – project partners, stakeholders When:       The time factor Where:     The location What:        The activity At this stage, idea is generated in mind. When the idea is generated that idea is translated into the Project Concept Note (PCN). In other words, the PCN is the output of this stage.

12. 12 Projcet development When PCN is accepted, the proponent starts for preparation of the Project. There may be need of detail feasibility study with detail analysis on technical, financial, managerial, economic, social, market, environment, or even legal/political aspects. The output of this stage is the Full Proposal or the Feasibility Study Report. This task is carried out by the proponent.

13. 13 Project Appraisal: This stage is for the careful re-examination of the Project Proposal or Feasibility Study Report, carried out by the donor (may be MoF , NPC, MoAD , Project or Donor to the Government). The Design Document or Appraisal Document is the final output of this stage .

14. 14 Investment Stage: Organization Implementation Trial Operation Stages of Project Cycle … After having endorsement of the design document, negotiation takes place between the donor and the proponent. If agreed in the negotiation, these are minuted and agreement takes place. Then project will be implemented.

15. Operation Stage: Operation & Maintenance Monitoring Evaluation Close-up Stages of Project Cycle … This is the last stage of the project cycle. Evaluation of one project and learning during implementation give rise to another project concept/idea.

16. Thank You & All the Very Best