Course Introduction
Public investment management systems provide the institutional framework through which governments identify, develop, assess, select, finance, implement, monitor, and evaluate public investment projects. This course provides participants with a practical understanding of how effective public investment management systems improve project quality, strengthen fiscal discipline, prioritise scarce resources, and increase the development impact of government investment programmes.
The course examines the complete public investment management cycle, from strategic planning and project identification through appraisal, selection, budgeting, implementation, monitoring, completion, and ex-post evaluation. Participants will explore how each stage connects to the next and how weaknesses in project preparation, appraisal, prioritisation, financing, procurement, or implementation can undermine the overall performance of public investment portfolios.
A major focus is placed on institutional arrangements, governance, decision rights, project appraisal, investment prioritisation, and integration with medium-term fiscal and budget frameworks. Participants will examine how ministries, finance authorities, planning agencies, sector institutions, project implementation units, and subnational governments can coordinate effectively to establish credible investment pipelines and ensure that projects entering the public investment programme are sufficiently prepared and justified.
The programme also addresses project implementation, procurement, financial management, monitoring, reporting, risk management, and portfolio oversight. Participants will learn how to establish systems for tracking project costs, schedules, commitments, outputs, risks, and results while identifying implementation bottlenecks early. Practical approaches to project readiness, expenditure control, portfolio review, and corrective action are integrated throughout the course.
The course considers the role of digital systems, data, climate resilience, sustainability, and emerging technologies in modern public investment management. Participants will explore how digital project databases, investment information systems, data analytics, artificial intelligence, geospatial information, climate screening, and performance dashboards can strengthen transparency, evidence-based prioritisation, monitoring, and decision-making across public investment portfolios.
The programme concludes with approaches for strengthening public investment management system maturity, institutional coordination, quality assurance, accountability, and continuous improvement. Participants will develop practical capabilities to assess existing systems, identify institutional and process weaknesses, improve project pipelines, strengthen investment governance, and establish more effective systems for delivering sustainable public investment outcomes.
Duration
5 days
Who Should Attend
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Public investment management officials responsible for designing, operating, or strengthening government investment systems
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Finance ministry and treasury officials involved in public investment planning, budgeting, financing, and expenditure management
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National and sector planning officials responsible for investment prioritisation and development programme coordination
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Government project managers responsible for implementing projects within public investment programmes
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Public sector economists involved in project appraisal, investment analysis, prioritisation, and portfolio management
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Budget officers responsible for linking investment plans with medium-term expenditure and annual budget frameworks
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Infrastructure and technical specialists supporting project preparation, screening, appraisal, implementation, and monitoring
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Public procurement and contract management professionals supporting government investment programmes
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Monitoring, evaluation, and performance management professionals responsible for tracking public investment results
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Development partners and development-finance professionals supporting public investment management reforms and government investment programmes
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Subnational government officials managing capital investment planning, project selection, implementation, and oversight
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Consultants and advisers supporting public investment management, institutional reform, investment planning, and project delivery
Course Objectives
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Develop a comprehensive understanding of public investment management systems and how their institutional, procedural, financial, and analytical components contribute to better government investment outcomes.
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Understand the complete public investment lifecycle and establish effective linkages between strategic planning, project identification, appraisal, selection, budgeting, implementation, monitoring, and evaluation.
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Strengthen the ability to design and operate project screening, prioritisation, and selection systems that direct limited public resources toward investments with strong strategic, economic, social, and fiscal value.
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Improve integration between public investment planning and medium-term fiscal frameworks, expenditure ceilings, annual budgets, financing strategies, and long-term fiscal sustainability considerations.
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Develop effective institutional governance arrangements that clarify mandates, decision rights, accountability, coordination responsibilities, quality assurance roles, and escalation mechanisms across public investment institutions.
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Strengthen project readiness systems by establishing clear requirements for feasibility studies, appraisal, technical preparation, procurement planning, safeguards, financing, implementation capacity, and risk assessment before project approval.
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Improve portfolio-level implementation oversight through effective monitoring of project costs, schedules, commitments, outputs, risks, disbursements, performance indicators, and emerging delivery constraints.
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Apply practical approaches to public investment risk management, quality assurance, procurement coordination, financial control, project recovery, and corrective action to improve implementation performance.
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Strengthen the use of digital information systems, data analytics, performance dashboards, climate screening, geospatial information, and emerging technologies to improve public investment planning and portfolio decision-making.
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Develop strategies for strengthening public investment management system maturity, transparency, accountability, institutional capacity, sustainability, and continuous improvement across national and subnational government structures.
Comprehensive Course Outline
Module 1: Foundations of Public Investment Management Systems
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Understanding public investment management concepts, principles, objectives, institutional functions, and their importance to fiscal discipline and development effectiveness.
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Examining the public investment lifecycle from strategic planning and project identification through appraisal, selection, financing, implementation, monitoring, and evaluation.
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Identifying common weaknesses in public investment systems and understanding how fragmented processes can create poor project selection, cost overruns, delays, and weak development results.
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Assessing the relationship between public investment management, national development planning, fiscal policy, public financial management, sector strategies, and service delivery.
Module 2: Strategic Planning and Public Investment Programming
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Linking national development strategies, sector plans, infrastructure priorities, medium-term investment plans, and public investment programmes into coherent planning frameworks.
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Establishing mechanisms for identifying investment needs based on development gaps, service requirements, infrastructure constraints, economic opportunities, and government priorities.
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Developing credible public investment pipelines that distinguish between project concepts, projects under preparation, approved investments, ongoing projects, and completed investments.
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Applying transparent programming and prioritisation approaches to manage competing investment needs within limited fiscal, institutional, and implementation capacity.
Module 3: Project Identification, Screening, and Preparation
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Establishing systematic procedures for identifying, registering, screening, and classifying proposed public investment projects before detailed preparation.
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Developing project concept requirements covering strategic rationale, beneficiaries, expected outcomes, preliminary costs, implementation arrangements, risks, and institutional responsibilities.
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Designing project readiness criteria to ensure that proposed investments have adequate technical, financial, economic, environmental, social, and institutional preparation.
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Strengthening project preparation pipelines through feasibility studies, preliminary designs, demand assessments, options analysis, cost estimates, and implementation planning.
Module 4: Project Appraisal, Selection, and Prioritisation
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Establishing consistent financial, economic, technical, social, environmental, institutional, and risk appraisal requirements for public investment proposals.
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Applying transparent project selection criteria that balance development impact, value for money, strategic importance, affordability, implementation readiness, and risk.
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Designing investment prioritisation frameworks for ranking projects when available fiscal resources are insufficient to fund all eligible proposals.
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Strengthening appraisal quality assurance, independent review, challenge functions, documentation standards, and evidence-based investment decision-making.
Module 5: Public Investment and Budget Integration
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Integrating public investment programmes with medium-term fiscal frameworks, expenditure ceilings, annual budgets, financing strategies, and cash management systems.
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Assessing fiscal affordability and ensuring that investment decisions account for capital costs, operating expenditures, maintenance obligations, and long-term fiscal commitments.
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Improving budget allocation processes so that approved projects receive realistic and predictable funding aligned with implementation schedules and project readiness.
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Managing the interaction between domestic financing, external financing, grants, loans, public-private arrangements, and other sources of investment funding.
Module 6: Institutional Governance, Procurement, and Implementation Management
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Designing institutional structures that clearly allocate public investment responsibilities across finance, planning, sector ministries, implementing agencies, and subnational governments.
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Strengthening procurement planning, contracting arrangements, implementation responsibilities, and coordination mechanisms before projects enter major implementation stages.
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Establishing effective project governance, steering committees, implementation units, decision rights, reporting structures, and escalation arrangements for complex investments.
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Addressing institutional capacity constraints, coordination failures, weak project management capabilities, and implementation bottlenecks that undermine investment performance.
Module 7: Public Investment Monitoring, Risk, and Portfolio Management
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Establishing portfolio monitoring systems covering project costs, schedules, commitments, disbursements, outputs, outcomes, risks, and implementation performance.
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Developing public investment risk registers, early-warning indicators, portfolio review processes, escalation mechanisms, and structured responses to emerging delivery problems.
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Applying portfolio-level analysis to identify delayed, stalled, underperforming, over-budget, or strategically misaligned projects requiring corrective intervention.
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Strengthening project recovery, re-scoping, re-prioritisation, suspension, restructuring, and termination decisions based on evidence and transparent governance processes.
Module 8: Project Completion, Ex-Post Evaluation, and Learning
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Establishing project completion requirements covering physical delivery, financial closure, operational readiness, asset transfer, documentation, and outstanding contractual obligations.
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Conducting ex-post evaluations to assess whether completed investments achieved their intended outputs, outcomes, economic benefits, service improvements, and development objectives.
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Comparing planned and actual costs, timelines, financing, benefits, risks, and performance to identify lessons for future project preparation and investment decisions.
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Establishing institutional learning mechanisms that ensure evaluation findings influence future appraisal standards, project selection, implementation practices, and investment system improvements.
Module 9: Digital Public Investment Management and System Modernisation
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Designing integrated public investment information systems that support project registration, appraisal, budgeting, implementation monitoring, portfolio analysis, and reporting.
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Applying data analytics, digital dashboards, geospatial information, artificial intelligence, and automated reporting to strengthen evidence-based investment management.
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Improving interoperability between public investment systems, budget systems, procurement platforms, financial management systems, monitoring frameworks, and project databases.
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Addressing data quality, governance, cybersecurity, access controls, institutional adoption, and digital capacity requirements when modernising investment management systems.
Module 10: Emerging Issues and the Future of Public Investment Management
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Examining how climate change, fiscal pressures, demographic transformation, urbanisation, infrastructure gaps, and economic uncertainty are reshaping public investment priorities.
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Integrating climate resilience, green investment, environmental sustainability, disaster-risk considerations, and long-term asset resilience into public investment management systems.
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Exploring emerging financing models including blended finance, public-private partnerships, climate finance, development finance, and innovative approaches to infrastructure investment.
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Developing future-ready public investment management systems that combine transparency, digital transformation, institutional capacity, portfolio discipline, resilience, sustainability, and continuous improvement.
Training Approach
This course will be delivered by our skilled trainers who have vast knowledge and experience as expert professionals in the fields. The course is taught in English and through a mix of theory, practical activities, group discussion and case studies. Course manuals and additional training materials will be provided to the participants upon completion of the training.
Tailor-Made Course
This course can also be tailor-made to meet organization requirement. For further inquiries, please contact us on: Email: training@upskilldevelopment.com Tel: +254 721 331 808
Training Venue
The training will be held at our Upskill Training Centre. We also offer training for a group (at a discount of 10% to 50%) at requested location all over the world. The Onsite course fee covers the course tuition, training materials, two break refreshments, buffet lunch, airport transfers, Upskill gift package, and guided tour.
Visa application, travel expenses, dinners, accommodation, insurance, and other personal expenses are catered by the participant
Certification
Participants will be issued with Upskill certificate upon completion of this course.
Airport Pickup and Accommodation
Airport pickup and accommodation is arranged upon request. For booking contact our Training Coordinator through Email: training@upskilldevelopment.com, +254 721 331 808
Terms of Payment:
Unless otherwise agreed between the two parties’ payment of the course fee should be done 3 working days before commencement of the training so as to enable us to prepare better.
