DSpace at VNU: Improving project monitoring and controlling: case of Rural Finance Project Funded by World Bank

Improving project monitoring and controlling: case of Rural Finance Project Funded by World Bank Lê Thị Thu Trang Khoa Quản trị Kinh doanh Luận văn Thạc sĩ ngành: Quản trị kinh doanh; Mã số: 60 34 05 Người hướng dẫn: TS Tạ Ngọc Cầu Năm bảo vệ: 2011 Abstract Hệ thống hóa vấn đề lý luận cơng tác theo dõi kiểm sốt dự án Phát hệ thống Theo dõi-Kiểm soát Dự án Tài nơng thơn II khơng hiệu Tìm nguyên nhân vấn đề mà hệ thống Theo dõi-Kiểm soát dự án gặp phải: Nhân lực thiếu khả năng; chế độ đãi ngộ hạn chế; trách nhiệm không rõ ràng; hệ thống thông tin quản lý (MIS) thiếu hiệu Đưa khuyến nghị đưa đơn vị thực dự án nhằm hoàn thiện hệ thống theo dõi kiểm sốt dự án Tài nơng thơn III dự án tương tự Keywords Dự án; Kiểm soát dự án; Nơng thơn; Ngân hàng giới; Tài Content TABLE OF CONTENT ACKNOWLEDGEMENT .i ABSTRACT ii TÓM TẮT v TABLE OF CONTENT viii LIST OF TABLES x LIST OF FIGURES xi LIST OF ABBREVIATIONS xii INTRODUCTION .1 The thesis necessity Objectives of the thesis: 3 Scopes of the thesis: 4 Research methodology and approaches: Data sources: Significance: Expected results: The thesis structure CHAPTER 1: LITERATURE REVIEW AND THEORETICAL FRAMEWORK 1.1 Literature review 1.2 Theoretical framework 13 1.2.1 The concept of project monitoring and controlling 14 1.2.2 Key parts and tasks of M&C system during the project cycle 20 1.2.3 Process M&C system: 21 1.2.4 Necessary conditions and capacities for M&C successs 28 CHAPTER 2: CASE STUDY AND FINDINGS 33 2.1 Case study 33 2.1.1 Overview of "Rural Finance Project" funded by WBand its performance 33 2.1.2 M&C system of RFPII: Real situation and Problems 47 2.1.3 M&C system of RFPII: Causes of M&C problems 67 2.2 Limitations 79 CHAPTER 3: CONCLUSIONS AND RECOMMENDATIONS 80 FOR M&C SYSTEM OF RURAL FINANCE PROJECT 80 3.1 Conclusions 80 3.2 Recommendations for developing necessary conditions and capacities M&C improvement of RFPIII 81 3.2.1 Building human capacity for M&C: 82 3.2.2 Introducing incentives for implementation of M&C 84 3.2.3 Revising a clear organizational structure 85 3.2.4 Adopting an integrated Project Management Information System 86 3.2.5 Allocating adequate budget for M&C 89 REFERENCES 90 APPENDIX 93 References Vietnamese Circular No 219/2009/TT-BTC dated November 19, 2009 of the Ministry of Finance prescribing a number of spending norms applicable to official development assistancefunded projects/programs Decree No 131/2006/ND-CP dated 09 November, 2006 of the Government Issuance of Regulation on Management and Utilization of Official Development Assistance Le Thi Huy Binh (2009), ODA projects funded by WB in the field of Agriculture and Rural Development in Vietnam Commercial Bank: Situation and Solutions, MBA Thesis, FTU Nguyen Van Phu (2007), Improving project implementation of road projects in Haiduong Department of Transportation, Master Thesis, NEU Nguyen Van Phuc, PhD (2001, 2008) Project Management theoretical and practical basis, NEU Nguyen Duy Phuong (2009), Solutions for improving project quality of ODA projects in Agribank, Master Thesis, FTU, (p 30, 67, 72, 76, 80) Tran Quang Tien (2006), Capacity Comprehensive Building Program (CCBP), ODA project Management Training Textbook (Module GS4) English Tran Thien An (2008) Problems in management of development projects of Denmark in Vietnam: An approach from the view of business management and Recommendations for solutions Master thesis in Management Thesis Vietnam- French Community of Belgium Master Programmes (pp 6-8,38-39,49) Universite Libre De Bruxelles, NEU Avraham, S., Jonathan, F.B and Sholomo, G (1994) Project Management Engineering, Technology, and Implementation Prentice Hall 10 Clifford, F G and Erik W Larson (2002) Project Managerial Process Irwin//McGraw- Hill 11 Derek, P (2007) Measuring & Managing Results: Lessons for Development Cooperation SIDA and UNDP research 12 Earl, H and Juliane, J (2008) Integrated Project Management Prentice Hall 13 Erling, S A., Kirstoffer V G and Tor H Goal Directed Project Management Second Edition Coopers & Lybrand 14 Ewaster W (2006), Why the west’s efforts to IDA the rest have done so much hill and so little good, Oxford University Press, Oxford/New-York 15 Harold, K (2005) Project management A system Approach to Planning, Scheduling, and Controlling Fifth Edition Van Nostrand Reinhold 16 Irene, g and Jim, W (2002) Managing for Impact in Rural Development: A guide for project M & E International Fund for Agricultural Development (IFAD) 17 State Bank of Vietnam, ICPMU (2002), MIS for Project Management A Managerial Approach 18 WB and Ministry of Planning and Investment (2007), Projects funded by World Bank, Handbook for Preparation and Implemention 19 20 (2009-2010), Vietnam and The World, Vietnam Economic Times, p46 June 16th, (2009) Findings and Recommendations on IDA Credit Portfolio, Presentation to MPI and PMUs for IDA-Assisted Operations 21 NEU Microfinance Research Center (2008) Socio-economic Impact Assessment RFP, Credit No.3648-VN financed by the World Bank 22 Price Water House (2004-2008) Management Letter 23 BIDV (2004-2008) Quarterly, semi and yearly progress reports by PMU and project information documents 24 World Bank (2001) Staff Appraisal Report (SAR) Socialist Republic of Vietnam Rural Finance Projet Report No 15088VN 25 World Bank (2002) Project appraisal Report (PAD) Report No 23817- VN 26 World Bank (2003) Development Credit Agreement (DCA) Credit 3648- VN 27 World Bank (2008) Development Credit Agreement (DCA) Credit 3884- VN 28 World Bank (2007) RDF and FRP Policy Manuals 29 World Bank (2007) RDF and MLF Policy Manuals 30 World Bank (2002) Manuals on Financial Management 31 World Bank (2010) Implementation completion report 32 World Bank (2002-2008) Aide Memoire 33 Website: http://www.mpi.gov.vn 34 Websites: http://www.mof.gov.vn 35 Websites: http://www.worldbank.org/http://www.worldbank.org ... State Bank of Vietnam, ICPMU (2002), MIS for Project Management A Managerial Approach 18 WB and Ministry of Planning and Investment (2007), Projects funded by World Bank, Handbook for Preparation... 2006 of the Government Issuance of Regulation on Management and Utilization of Official Development Assistance Le Thi Huy Binh (2009), ODA projects funded by WB in the field of Agriculture and Rural. .. 2.1 Case study 33 2.1.1 Overview of "Rural Finance Project" funded by WBand its performance 33 2.1.2 M&C system of RFPII: Real situation and Problems 47 2.1.3 M&C system of