CAPITAL PROJECTS MONITORING AND TRACKING

CAPITAL PROJECTS MONITORING AND TRACKING

INTRODUCTION

This course familiarizes participants with various project monitoring and tracking systems and tools that focus on results. The course offers participants both a conceptual framework and practical skill development.

WHO SHOULD ATTEND?

This course is designed for project team leaders, project planning engineers and heads, and senior project control and business services professionals who have the responsibility for planning and controlling project schedules and costs in client and contracting companies.

COURSE OUTLINE

• Understanding and distinguishing between monitoring and tracking
• Results Chain: inputs, processes, outputs, outcomes and impacts for development projects, programs or strategies
• Importance of feedback and lessons learned
• Role of partners and stakeholders
• Significance of “soft” assistance
• Implications for country offices
• Planning for and Executing on the Monitoring and tracking Processes
• Key principles for overall work planning
• Purpose and timing (including ex-post) of monitoring and tracking
• Involving key partners and stakeholders
• Building monitoring and evaluation teams with defined roles and strong capabilities
• Establishing a hierarchy of project objectives
• Defining scope of monitoring and tracking
• Selecting analytical tools, methodologies or approaches enabling measurement and attribution
• Importance of data quality and collection and baseline data
• Measuring and assessing project/program output relevance, efficiency and effectiveness in achieving outcomes
• Measuring and assessing level, sustainability, innovativeness, replicability and scalability of impacts from project/program outcomes on physical and financial assets; human assets; social capital and people’s empowerment; food security; environment and communal resource base; institutions, policies and regulations
• Budgeting
• Managing monitoring and tracking processes
• Anticipating and resolving problems
• Tools, Methods and Approaches Facilitating Monitoring and tracking
• Performance indicators and common rating systems
• Logical framework approach (Log Frame)
• Theory-based evaluation
• Formal surveys
• Rapid appraisal method
• Participatory methods
• Public expenditure tracking surveys
• Economic analysis, including cost-benefit and cost-effectiveness analysis
• Project evaluations
• Impact evaluation analysis
• Evaluation and tracking plans
• Annual reviews and reports
• Comparative overview of other tools, methods and approaches used by leading global institutions