OVERVIEW OF PROJECT MANAGEMENT CYCLE

Introduction

Project

According to United Nation Center for Regional Development(UNCRD (2000) defines a project
as a complex set of activities wheere resources are used in expectation of returns which lends to
planning, financing and implementing as a unit.

A project has a startint and ending point so as to accomplish a specic objective. It has a defined
actiities and benefits that can be identified and valued socially and monetarily.

A project is a unique process with set of cordinated and controlled activities with startin and
finishing dates undeertaken to achieve specified objectives conforming to specific requirements
like time.

Human material and financial resources are are organized to undertake a unique scopeof work
within the constraint of time, cost and the enivronment, so as to achievebeneficial changes
defined by qualitative and quantitative objectives.

It is a combnation pof organizational resources pulled together to create something that did not
previously exist.

Projects may arise out of a need that will eventually require to be satisfied:

1. T he need is identified through need assessment of the target group

2. It may arise out a problem htat needs to be solved

3. It may arise from an opportunity that needs to be exploited like a situation or the
environment

4. It may arise due to the need to complement other existing investments

A project is to bring beneficial socio economic change as judged by the beneficiaries, it is

observed that:Activities that compromise a project are intentionally designed to achiev certain
ends with the aailable time and esources

 Project objectives are the target of every project

 Monitoring ensures they are implemented as planned

 Ensure thst a project produces intende results at the end of the cycle

 Ascertain changes brought to the project beneficiaries in terrms of data.

PROJECT CYCLE

Aproject cycle is a sequence of continouos evnts which a project follows. The stges include

1. Porject identification

2. Project formulation

3. Porject appraissal

4. Porject implementation

5. Porject evaluatin

Project cycle model

Problem Identification/
Conceptualization

Feedback Monitoring & Project design

Evaluation

Project Implementation

Source: Ogula, (2002) Monitoring and Evaluation of Educational projects and

programmes