The document outlines the project cycle management (PCM) process which involves identifying, preparing, approving, implementing, monitoring, completing and evaluating projects. PCM defines key decisions, information requirements and responsibilities at each project phase to ensure projects are properly coordinated and phases are progressively completed. Stages in PCM include identification, preparation, appraisal, approval, implementation, monitoring, completion and evaluation. When applied effectively, PCM provides benefits such as goal-oriented, coordinated, accountable and efficient project management.