Public Investment Management

Source details

Mid-senior-level public officials working in the Ministries of Finance or Economy in charge of the government budget and/or of public investments.
Other staff from line ministries and public corporations responsible for key public infrastructure who oversee the planning, preparation and implementation of capital projects.

Delivery format: in-person lectures, group discussions and group exercises.
Framework: considers the three phases of the project cycle identified in the IMF's Public Investment Management Assessment (PIMA) framework.
Planning phase: focuses on the importance of strategic planning, project appraisal and risk management.
Resource allocation phase: explores the medium-term budget implications of project selection.
Implementation phase: reviews key issues during investment delivery and the importance of project and portfolio management.

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.