Training Program

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Public Investment Management

Deadline passed

Session No.: SA 25.49

Location: New Delhi, India

Date: November 17-21, 2025 (1 week) New dates

Delivery Method: In-person Training

Primary Language: English

Target Audience

This course is designed for mid-senior-level public officials working in the Ministries of Finance or Economy in charge of the government budget and/or of public investments, as well as other staff from line ministries and public corporations responsible for key public infrastructure who oversee the planning, preparation and implementation of capital projects.

Qualifications

The participants in this event should be familiar with processes for budgeting and oversight of public investment projects in their countries, including:

Public investment strategic planning,
Project appraisal and selection,
Medium-term and annual budgeting for public investment,
Implementation and oversight of infrastructure projects.

Course Description

The course will be delivered in person and will include both lectures, group discussions and group exercises. The course will consider the three phases of the project cycle identified in the IMF's Public Investment Management Assessment (PIMA) framework. For planning, the course will focus on the importance of strategic planning, project appraisal and risk management. For resource allocation, the course will explore the medium-term budget implications of project selection. For project implementation, the course will review key issues during investment delivery and the importance of project and portfolio management.

Course Objectives

Upon completion of this course, participants will be able to: 

  • Understand key issues in the strategic planning of public investment 
  • Understand approaches to project appraisal across infrastructure sectors and anticipate the impact of risk and uncertainty. 
  • Identify the key information on public investments needed to ensure the medium-term sustainability of the government's budget and estimate the medium-term fiscal space available for new projects, and 
  • Plan for project implementation and monitor the financial and physical execution of investment projects.

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