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The Project Cycle 
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| Documents Available to the Public | ||
| Based on when the project began, the project's status, and what stage the project has reached in the project cycle, a number of different project documents may be available. | ||
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| Project Status | Stages of the Project Cycle* | Available Documents |
| Pipeline | Identification During identification, both the Borrower and the Bank are involved in analyzing development strategies (such as PRSP and CAS) for the country and in identifying projects that support those strategies. Ideas for projects often emerge from these strategies as well as the Bank's economic and sector research, borrower's feasibility studies, and prior projects. Projects should be financially, economically, socially, and environmentally sound. At this point, the project would undergo an environmental screening to determine whether or not an environmental assessment is required. |
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Initial Project Information Document
(PID) • Integrated Safeguards Data Sheets (ISDS) |
| Preparation The Borrower is responsible for project preparation, which normally lasts 1 to 2 years. The Bank often provides technical and financial assistance. During preparation, a country's project team has to determine all the technical, institutional, economic, environmental, and financial conditions required for the project to succeed. The team must also compare possible alternative methods for achieving the project's objectives. If required, an environmental assessment is undertaken. |
Environmental
Category A and B projects would dislose the: • Environmental Assessment (EA) If required, the
following documents would be disclosed with the EA: |
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| Appraisal The Bank is solely responsible for project appraisal, which is usually conducted by Bank staff, sometimes in cooperation with consultants, who spend three to four weeks in the client country. The appraisal team reviews all the work conducted during identification and preparation. The team prepares a Project Appraisal Document for investment projects, and a Program Document for structural operations, which are carefully reviewed and redrafted as necessary for submission to Bank management. These documents are released to the public after approval. |
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Revised
PID • Development Business • Monthly Operational Summary |
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| Negotiations During negotiations, the Bank and Borrower endeavor to agree on the measures required to assure project success. The Borrower reviews final documents and both sides come to agreement on the terms and conditions of the loan. |
| Project Status | Stages of the Project Cycle* | Available Documents |
| Active | Approval The Project Appraisal Document or the Program Document, along with the Memorandum of the President, and loan documents are submitted to the Bank's Board of Executive Directors for approval. If the loan or credit is approved, the loan is signed by the Bank and the Borrower. |
•
Staff Appraisal Report
(SAR)
- Projects approved through 1998. • Project Appraisal Document (PAD) • Technical Annex (TAN) • Program Document (PGD) |
| Effectiveness Following approval, the loan or credit agreement is submitted to whatever final process is required by the borrowing government. For example, agreements may have to be ratified by a country's legislature. The process may last up to several months. If the outcome is positive, the loan or credit is declared effective, or ready for disbursement, and the agreement is made available to the public. |
• Loan or Credit Agreement | |
| Implementation
and Supervision Implementation is the responsibility of the Borrower, with agreed technical assistance from the Bank. The supervision of the project is the responsibility of the Bank. The Borrower prepares the specifications and evaluating bids for the procurement of goods and services related to the project. Once the Bank reviews this work and determines that the Bank's procurement guidelines have been followed, funds will be disbursed. Once funds have been disbursed, supervision entails monitoring, evaluating, and reporting on project progress. At the end of the disbursement period (anywhere from 1-10 years), a completion report identifying accomplishments, problems, and lessons learned is submitted to the Bank Board of Executive Directors for approval. |
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Implementation Completion Reports
(ICR) |
| Project Status | Stages of the Project Cycle* | Available Documents |
| Closed | Ex-Post
Evaluation Following completion of the project, the Bank's Operations Evaluation Department, conducts an audit of the project, where the project's outcome is measured against its original objectives. The audit entails a review of the project completion report and preparation of a separate report. Both reports are then submitted to the executive directors and the borrower. These reports are not available to the public; however, OED periodically prepares impact evaluations on sets of projects based on these reports. |
• OED Impact Evaluation Reports |
| Project Status | Stages of the Project Cycle* | Available Documents |
| Dropped |
Not applicable. Following identification, a project could be dropped at any point in the project cycle from preparation to approval. | • PID |
| *Sources: Baum, Warren C. The Project Cycle. Washington, DC: The World Bank Group. 1982. Salida, Anne C.M. Historical Dictionary of the World Bank. Maryland: Scarecrow Press, Inc. 1997. |
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