What is Project Cycle Management (PCM)?
Project Cycle Management (PCM) is a combination of concepts, techniques, instruments and practices that enable desk-officers and project cycle managers to steer different projects and programmes through the phases of the project cycle, on the basis of informed decisions. The management software, for example, can be classified as follows: • Management concepts: Use of selected analytical processes to assess the relevance, feasibility and sustainability of a concept. • Management techniques: Skills that can be used to perform project cycle management tasks more efficiently or effectively. These include the assessment technique for project proposals and project planning by objectives. • Management instruments: Aids or guidelines to support a particular task in project cycle management, e.g. the Basic Format and the format for Terms of Reference. • Management practices: A set of procedures used during the life-cycle of a project to help those responsible for planning and implementation to