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The project cycle is the framework used by the World Bank (‘the Bank’) to design, prepare, implement, and supervise projects. In practice, the Bank and the Borrower work closely throughout the project cycle, although they have different roles and responsibilities.
- The World Bank project cycle
The six stages in the World Bank's project cycle are:...
- The World Bank project cycle
The Project Cycle. Given the importance of accessibility to the World Bank’s mission and vision, there are several entry points to ensure accessibility across World Bank sectors. Considerations about accessibility should be addressed at all stages of the project cycle.
Project Identification: Ideas for creating meaningful change are discussed. Borrower and Bank weigh development objectives and project impacts, risks, alternatives, and timetable. Project Preparation: The borrower conducts studies and prepares detailed project documentation.
The six stages in the World Bank's project cycle are: identification; preparation; appraisal; negotiation and board presentation; implementation and supervision; .
This document presents a pragmatic description of the pro cedures that will be followed throughout the project cycle for GEF-financed activities, and it addresses the role and responsibilities of the major actors in the GEF project cycle: recipient governments, Implementing Agencies, STAP, the Council, the CEO and the GEF Secretariat.
Chapter 1 The World Bank 1 Background 1 World Bank Lending I The Project Cycle 2 Identification, Preparation, and Appraisal 2 Negotiation and Approval 2 Implementation and Supervision 3 Evaluation 3 Types of Loans 3 Investinent Projects 3 Adjustment Opertions 3 Project Prepaation Facility Advances 3 Cofinancing 4 Chapter 2 Legal Provisions 5
This article delineates and discusses the phases of the project cycle and relates the Bank's project work to its evolving approach toward development. It updates an earlier article on the subject by Mr. Baum, which was published in the June 1970 issue of Finance & Development.
