COMPLETED PROJECTS

Any CNCP investment project goes through a series of stages:

• Approval of the project concept,
• Approval of Outline Proposal by the CNCP Steering Group,
• Market research and development of a business plan,
• Approval of a Full Proposal, prepared on the basis of the market research and business planning,
• Signing of contract,
• Implementation of the project, accompanied by the monitoring of project’s main parameters and regular professional audit of the proper use of funds,
• Closure of the project,
• Evaluation of the results of the project.

On reaching completion of the project and fulfilment of all of the conditions for funding, the beneficiary presents a report on results, which is analysed by the British Project Supervisor and the CNCP Project Manager. A final audit is then carried out on the results. The following basic indicators define the successful conclusion of a project:

• CNCP resources fully used,
• Number and quality of jobs created, including jobs for former weapons specialists,
• Fulfillment of planned co-investment for project using the beneficiary’s own funds or third party resources,
• Sales of products or services and successful commercial activities demonstrating that the jobs created are sustainable.

Provided the outcome is satisfactory, the final tranche of funding is transferred to the beneficiary and the evaluation of the completed project begins. This involves the final review of results, assessing the qualitative characteristics of the completed project and achievement of the aims, and analysis of problems encountered and of how they were resolved. The evaluation is carried out by a senior CNCP specialist, and its results provide a deeper understanding, from which general lessons can be derived which can be applied in future activities.