## Public Investment Management

## Source details

**Canonical URL:** [Public Investment Management](https://www.imf.org/en/capacity-development/training/icdtc/schedule/sa/2025/pimsa25-49)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/sa/2025/pimsa25-49/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/sa/2025/pimsa25-49/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/sa/2025/pimsa25-49/bundle-manifest.json)

## Bibliographic details
- Session: SA 25.49
- Location: New Delhi, India
- Dates: November 17-21, 2025 (1 week)
- Delivery method: In-person Training
- Primary language: English
- Status: Deadline passed

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### Target audience
- 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.

### Participant qualifications (expected familiarity)
- Public investment strategic planning
- Project appraisal and selection
- Medium-term and annual budgeting for public investment
- Implementation and oversight of infrastructure projects

### Course description (structure and thematic focus)
- 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.

### Course objectives (upon completion 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.

---


## References

- [In-person Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)
- [Vulnerability Diagnostics (VDS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/jv/2026/vdsjv26-38)
- [Macro-relevant Environment and Climate Change Statistics (CCS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/hq/2027/ccshq27-01)
- [Investor Relations and Sovereign Bond Issuance (LCBM)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/sa/2026/lcbmsa26-44)
- [Fintech Market Development and Policy Implications (FINTECH)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/st/2026/fintechst26-23)
- [Advanced Government Finance Statistics (GFS-A)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/gfs-ace26-45)

_Source: https://www.imf.org/en/capacity-development/training/icdtc/schedule/sa/2025/pimsa25-49_