Micro Finance Management

Cultivating Self Reliance  


 

 Overview on Micro Finance
Poverty and Development
Micro Finance Movement
Micro Finance Services
Legal Frame work of MFI operatio
Self Help Group Management
Social / Community Banking
Management of MFIs
CBOs Management
Training Modules for MFIs,
Rural and Social Marketing
MFIs Accounting & Finance
Operations and Risk Management
Project Cycle management
Project Proposal Writing
Social Research
   


Project Cycle Management is a term used to describe the management activities and decision-making procedures used during the life-cycle of a project There is an increasing awareness that management techniques are crucial to project success in non-governmental organizations.[13] Generally, non-governmental organizations that are private have either a community or environmental focus. They address varieties of issues such as religion, emergency aid, or humanitarian affairs. They mobilize public support and voluntary contributions for aid; they often have strong links with community groups in developing countries, and they often work in areas where government-to-government aid is not possible. NGOs are accepted as a part of the international relations landscape, and while they influence national and multilateral policy-making, increasingly they are more directly involved in local action. What is a Project A project is any task which has a definable beginning and a definable end and requires the expenditures of one or more resources; it comprises separate but interrelated activities which must be completed to achieve the objectives for which the task was instituted. Each project is characterised by the uniqueness of specific conditions such as: Project objective Time frame Financial and personnel conditions/resources Clear separation from other activities outside the project Project specific organisation Why PCM ? Negative experiences: v Unclear strategic framework v Poor analysis of situation v Activity-oriented planning and implementation v Non-verifiable outcome v Disbursement pressure v Short-term vision v Incoherent project documents v No common perception Responses by PCM: v Clearly defined approach v Improved analysis of situation v Objective-oriented planning and implementation v Verifiable outcomes v More emphasis on quality v Focus on sustainability v Standardised formats v Shared understanding of objectives and the process to achieve these Objective Oriented Project Planning or the Logframe Approach: The Logical Framework Approach is an analytical and management tool which is now used (in one form or another) by most multi-lateral and bi-lateral aid agencies, international NGOs and by many partner governments Analysis Phase • problem analysis - identify stakeholders, their key problems, constraints and opportunities, determine cause and effect relationship • analysis of objectives - translate problems into objectives, identify means to end relationship • strategy analysis - identify the different strategies to achieve objectives and chose the one your project will follow Planning Phase • logframe - define the project structure, formulate objectives, define means and cost (fill Project Planning Matrix) • activity scheduling - determine activities to be carried out, estimate their duration, assign responsibilities (fill activity schedule) • resource scheduling - develop an input schedule and a budget (fill resource schedule)