Legal and Financial Management of Development Bank-Funded Projects
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Legal and Financial Management of Development Bank-Funded Projects
27 September–8 October 2027
The course is available in English, pусский
Introduction to the course
Development bank-funded programmes and projects operate within specific legal, operational and financial frameworks. Effective implementation requires managers and public officials to understand project financial systems and donors' rules in connection to loans, grants and other funding instruments, budgeting processes, reporting requirements, fiduciary responsibilities and the controls needed throughout the project cycle for efficient project implementation. This programme strengthens the competencies required to prepare, implement and close development bank-funded projects in line with the operational guidelines, rules and procedures of regional and international development banks and other International Financing Institutions (IFIs).
Who attends this course?
The programme is designed for public-sector officials and consultants contributing to the implementation and management of development initiatives funded by regional and international development banks.
What will I learn?
- Prepare, implement, and close a development project through all its phases in compliance with donors’ rules and recognized standards and practices aligned with good governance principles.
- Understand the fundamental definitions, concepts, boundaries, implications, and standards of project financial management.
- Prepare and present the project budget in accordance with the agreed accounting system(s) and identify key stakeholders involved in project and budget planning.
- Understand the legal, operational, and financial implications of the project financing or funding agreement(s) on project implementation and financial reporting.
- Customize the project financial management system, identify computerized solutions and systems, and develop a project operation manual.
- Apply soft skills and knowledge to understand and manage project-related financial challenges, contingencies and issues.
- Adopt a lifelong learning paradigm for project financial management.
What will I be able to do?
Participants will be able to competently design and operate project financial management systems from budgeting to final reporting in accordance with sound professional standards and the harmonized requirements of donors and their respective governments.
Participants who successfully complete the training can expect to improve or enhance their knowledge and skills and be able to:
- Explain the principles, definitions, and concepts of project financial management:
- Operate the project financial system: budgeting, monitoring, controlling, and reporting with a focus on financial risks’ management.
- Customize the project financial system.
- Close the project financially and coordinate with auditors.
- Identify ethical challenges and applying soft skills in managing project finances.
