Regional development projects require effective identification, prioritization, and preparation. Three key factors are identified. First, regional development strategies and plans need to identify projects early to ensure focus and efficient use of resources. Some resistance exists to identifying projects early, but deferring identification has negative consequences. Second, an effective approach uses a "smart" form of regional planning that rapidly identifies feasible programs and projects through a disciplined multi-stage project pathway and pipeline management process. Third, developing a large project pipeline requires certain conditions and capacities, including good programming that leads to project identification, programming and development expertise, management and monitoring competencies, and engagement of regional actors as facilitators working closely with project implementers.