project cycle management (pcm) is the process of planning, organizing, coordinating, and controlling a project effectively and efficiently throughout its phases, from planning through execution then completion and review to achieve pre-defined objectives or satisfying the project stakeholder by producing the right deliverable at the right time, cost and quality. projects go through definite and describable phases. each phase can be brought to some sense of closure as the next phase begins. phases can be made to result in deliverables or accomplishments to provide the starting point for the next phase. phase transitions are ideal times to update planning baselines, to conduct high level management reviews, and to evaluate project costs and prospects. the term project cycle management is used in europeaid terminology to describe decision-making procedures used during the life-cycle of a project (including key tasks, roles and responsibilities, key documents and decision options).
it aims at assuring quality through a consistent approach to all phases of the intervention cycle, ensuring beneficiary-orientation (relevance), a comprehensive perspective on interventions (feasibility and sustainability) and effective monitoring and evaluation. the key instruments for pcm are the terms of reference (tor) to launch specific phases and the quality appraisal or assessment techniques used after each phase. a regular and institutionalized m&e system will need to gather information about achievement of objectives at all levels in the logical framework matrix (outputs, outcomes, purpose & overall objectives).
lfa is step-by-step procedure applying specific techniques in a participatory workshop setting for creating ownership among stakeholders, better focus on beneficiaries, realistic and measurable result-oriented objectives, quick decision-making, transparency of proposals and reporting, and easier management, monitoring and evaluation during the implementation of projects and programmes. the key strength of lfa is that when well facilitated it enables effective communication among stakeholders in a structured way, thereby stimulating each stakeholder’s input. the logical framework matrix, offers a framework within which alterations can be made depending on the type of project or programme, the phase in the project cycle and the complexity of the issues to be resolved between the stakeholders. lfa is an analysis and planning instrument or procedure to generate clarity, information and commitment among stakeholders and which takes place ‘in the field’, while pcm and rbm are a quality assurance management system to instruct and check whether such clarity, information and commitment is available and which takes place ‘in the office of an organisation or donor managing several projects’.
project cycle management is a methodology for managing projects. it provides structure to the process, but also includes consulting stakeholders project cycle management (pcm) is a method based on years of development, focused on organizing and planning projects through foundational project cycle management projects go through definite and describable phases. each phase can be brought to some sense of closure as the next phase begins., what is project cycle management pdf, project cycle management handbook pdf, project cycle management handbook pdf, project cycle management guidelines, project cycle management ppt.
project cycle management or pcm is an approach that allows you to manage many different projects and improve the quality of your projects over time. pcm uses the idea of a continuous learning cycle and incorporates logical framework analysis to guarantee that the beneficiaries are involved in the project’s design. the project management life cycle is usually broken down into four phases: initiation, planning, execution, and closure. these phases make up the path that project cycle management, or pcm, is a phase-based project management framework developed by field experts and practitioners who saw the need 5 phases of project management life cycle 1. project initiation 2. project planning 3. project execution 4. project monitoring and control., project cycle management example, steps of project cycle management.
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