[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-112914-en":3,"doc-seo-112914-105":29,"detail-sidebar-cat-0-en-105":90},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":4,"is_deleted":4,"is_public":20,"is_downloadable":20,"audit_status":20,"page_count":21,"language":22,"language_code":23,"site_id":24,"html_lang":23,"table_of_contents":25,"faqs":26,"seo_title":13,"seo_description":14,"update_tm":27,"read_time":28},112914,1374391974564,"Clementine","https://ap-avatar.wpscdn.com/avatar/14000253aa45c000a9e?x-image-process=image/resize,m_fixed,w_180,h_180&k=1779874745381141002",8,"Research & Report","Public Investment Management Reference Guide - International Development in Practice","Public Investment Management Reference Guide provides an operational framework for designing, governing, and applying public investment management (PIM). It defines the concept and scope of what is being managed, explains why tailored arrangements are needed, and lays out the legal and regulatory foundation across tiers. The guide clarifies roles and responsibilities among key actors, then details appraisal and selection processes, including preappraisal, appraisal, independent review, and project selection. It further addresses integration across strategic planning, project, and budgeting cycles.","INTERNATIONAL DEVELOPMENT IN PRACTICE  \nPublic Investment Management Reference Guide  \nJay-Hyung Kim, Jonas Arp Fallov, and Simon Groom  \nPub lic Disclosure Authorized Pub lic Disclosure Authorized Pub lic Disclosure Authorized Pub lic Disclosure Authorized  \nFPO  \nINTERNATIONAL DEVELOPMENT IN PRACTICE  \nPublic Investment Management Reference Guide  \nJAY-HYUNG KIM, JONAS ARP FALLOV, AND SIMON GROOM  \n© 2020 International Bank for Reconstruction and Development / The World Bank 1818 H Street NW, Washington, DC 20433  \nTelephone: 202-473-1000; [Internet: www.worldbank.org](Internet: www.worldbank.org)[ ](Internet: www.worldbank.org)Some rights reserved  \n1 2 3 4 23 22 21 20  \nBooks in this series are published to communicate the results of Bank research, analysis, and operational experience with the least possible delay. The extent of language editing varies from book to book.  \nThis work is a product of the staff of The World Bank with external contributions. The findings, interpretations, and conclusions expressed in this work do not necessarily reflect the views of The World Bank, its Board of Executive Directors, or the governments they represent. The World Bank does not guarantee the accuracy of the data included in this work. The boundaries, colors, denominations, and other information shown on any map in this work do not imply any judgment on the part of The World Bank concerning the legal status of any territory or the endorsement or acceptance of such boundaries.  \nNothing herein shall constitute or be considered to be a limitation upon or waiver of the privileges and immunities of The World Bank, all of which are specifically reserved.  \nRights and Permissions  \nThis work is available under the Creative Commons Attribution 3.0 IGO license (CC BY 3.0 IGO) [http://](http://)[ ](http://)[creativecommons.org/licenses/by/3.0/igo. Under the Creative Commons Attribution license](creativecommons.org/licenses/by/3.0/igo. Under the Creative Commons Attribution license), you are free to copy, distribute, transmit, and adapt this work, including for commercial purposes, under the following conditions:  \nAttribution—Please cite the work as follows: Kim, Jay-Hyung, Jonas Arp Fallov, and Simon Groom.  \n2020. Public Investment Management Reference Guide. International Development in Practice. Washington, DC: World Bank. doi:10 . 1596/978-1-4648-1529-4 . License: Creative Commons Attribution CC BY 3.0 IGO  \nTranslations—If you create a translation of this work, please add the following disclaimer along with the attribution: This translation was not created by The World Bank and should not be considered an official World Bank translation. The World Bank shall not be liable for any content or error in this translation.  \nAdaptations—If you create an adaptation of this work, please add the following disclaimer along with the attribution: This is an adaptation of an original work by The World Bank. Views and opinions expressed in the adaptation are the sole responsibility of the author or authors of the adaptation and are not endorsed by The World Bank.  \nThird-party content—The World Bank does not necessarily own each component of the content contained within the work. The World Bank therefore does not warrant that the use of any third-partyowned individual component or part contained in the work will not infringe on the rights of those third parties. The risk of claims resulting from such infringement rests solely with you. If you wish to re-use a component of the work, it is your responsibility to determine whether permission is needed for that re-use and to obtain permission from the copyright owner. Examples of components can include, but are not limited to, tables, figures, or images.  \nAll queries on rights and licenses should be addressed to World Bank Publications, The World Bank Group, 1818 H Street NW, Washington, DC 20433, USA; [e-mail: pubrights@worldbank.org](e-mail: pubrights@worldbank.org).  \nISBN: 978-1-4648-1529-4  \nDOI: ","cbCaih2FujiWrTyK","https://ap.wps.com/l/cbCaih2FujiWrTyK","pdf",4782646,1,279,"English","en",105,"# Foreword\n# Acknowledgments\n# About the Authors\n# Abbreviations\n# Chapter 1 Introduction\n## The need for a PIM reference guide\n## What is in this reference guide\n## How to use this reference guide\n## Limits to this reference guide and challenges\n## Notes\n## References\n# Chapter 2 Establishing the Concept and Scope of Public Investment Management\n## Overview\n## Defining public investment\n## Notes\n## References\n# Chapter 3 The Legal and Regulatory Framework for PIM\n## Overview\n## Legal authority for PIM\n## Procedural guidelines and methodological guidance\n## Comparison of country legal and regulatory frameworks\n## Notes\n## References\n# Chapter 4 Allocation of Roles and Responsibilities among Key Players\n## Overview\n## Options for the allocation of roles and responsibilities\n## Decision rights by project size, sector, and government level\n## Coordination with planning and finance ministries\n## Establishing a dedicated PIM unit\n## Notes\n## References\n# Chapter 5 Designing the Project Appraisal and Selection System: Quality-at-Entry Processes\n## Overview\n## Preappraisal\n## Appraisal\n## Independent review\n## Project selection\n## Notes\n## References\n# Chapter 6 Integrating the Strategic Planning, Project, and Budgeting Cycles\n## Overview\n## Ensuring integration at the s","[{\"question\":\"What is the purpose of the PIM reference guide described in Chapter 1?\",\"answer\":\"Chapter 1 explains the need for a PIM reference guide and outlines what the reference guide includes, how it should be used, 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