Public Investment Management Reference Guide
eBook - PDF

Public Investment Management Reference Guide

  1. English
  2. PDF
  3. Available on iOS & Android
eBook - PDF

Public Investment Management Reference Guide

About this book

The Public Investment Management (PIM) Reference Guide aims to convey country experiences and good international practices as a basis for decisions on how to address country-specific PIM reform agendas. The country references are drawn largely from previous diagnostics and technical assistance reports of the World Bank. The application of country diagnostics and assessments has revealed a need to address the following issues when undertaking a country reform in PIM: • Clarification of the definition and scope of public investment and public investment management • Establishment of a sound legal, regulatory and institutional setting for PIM, making sure it is linked to the budget process • Allocation of roles and responsibilities for key players in PIM across government • Strengthening project pre-appraisal, appraisal, and selection/prioritization procedural guidance, and deepening project appraisal methodologies • Integration of strategic planning, project appraisal/selection, and capital budgeting • Management of multiyear capital budget allocations and commitments • Ensuring effective implementation, procurement, and monitoring of projects • Strengthening of asset management and ex post evaluation • Integration of PIM and public-private partnership (PPP) in a unified framework • Rationalization and prioritization of the existing PIM project portfolio • Development of a PIM database and IT in the form of a PIMIS (PIM Information System). The PIM Reference Guide does not seek to provide definitive answers or standard guidance for the common PIM issues facing countries. Nor does it seek to provide a detailed template for replication across countries: this would be impossible given the diversity of country situations. Instead, each chapter of the guide begins with an overview of a specific reform issue, lists approaches and experiences from various countries, and summarizes the references and good practices to be considered in designing country-specific reform actions.

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Yes, you can access Public Investment Management Reference Guide by Jay-Hyung Kim, Jonas Arp Fallov, Simon Groom in PDF and/or ePUB format, as well as other popular books in Economics & Public Finance. We have over one million books available in our catalogue for you to explore.

Information

Publisher
World Bank
Year
2020
eBook ISBN
9781464815294

Table of contents

  1. Front Cover
  2. Contents
  3. Foreword
  4. Acknowledgments
  5. About the Authors
  6. Abbreviations
  7. Chapter 1: Introduction
  8. Chapter 2: Establishing the Concept and Scope of Public Investment Management
  9. Chapter 3: The Legal and Regulatory Framework for PIM
  10. Chapter 4: Allocation of Roles and Responsibilities among Key Players
  11. Chapter 5: Designing the Project Appraisal and Selection System: Quality-at-Entry Processes
  12. Chapter 6: Integrating the Strategic Planning, Project, and Budgeting Cycles
  13. Chapter 7: Upgrading Capital Budgeting Practices
  14. Chapter 8: Project Implementation, Monitoring, and Adjustment
  15. Chapter 9: Ex Post Review and Asset Management
  16. Chapter 10: Integrating PIM and PPP in a Unified Framework
  17. Chapter 11: Rationalizing a Nonperforming PIM Portfolio
  18. Chapter 12: PIM Information Systems: Requirements, Options, and issues
  19. Appendix A References for International Guidance on Designing Appraisal Methodologies
  20. Appendix B Further Issues in Developing an Economic Appraisal Methodology
  21. Appendix C Examples of Project- and Portfolio-Level Management Support Capabilities Provided by a PIM Information System
  22. Appendix D Types of Content for a PIM Information System Database
  23. Boxes
  24. Figures
  25. Tables