The Road to the SDGs

PURPOSE X One of the fundamental objectives of IsDB’s operations department resides in the ability to effectively and efficiently manage the active portfolio of approximately US$ 26.8 billion through the RHs. X IsDB’s approach to management information reporting seeks to: – Provide data-driven management information for executive decision- making – Capture organisation-wide performance, results and effectiveness, encompassing a holistic approach, both from qualitative and quantitative perspectives. X IsDB has developed a Project Portfolio Dashboard with two major objectives: – To address the high-level issues and indicators related to the portfolio performance – To provide information to the BED in cases where its attention is sought. X The intention is that the Dashboard will act as a source of information that will lead to improved performance of the portfolio with faster approvals, as well as improved effectiveness and disbursement of projects. METHOD X IsDB has developed a holistic and comprehensive methodology to achieve its portfolio management objectives through a multi-pronged approach involving: – Active project supervision through Project Implementation Assessment and Support Reports – Country portfolio performance reviews (CPPRs) – Cross-departmental task force to focus on portfolio improvement – Measuring and managing results in the form of quality at exit of projects – Development of electronic dashboards for continuous monitoring of the quality of the portfolio and effective portfolio management. X The Dashboard has many interesting features that help IsDB achieve the above aims, including: – Active Portfolio – Active Portfolio breakdown by pre- effective, disbursed and cumulative undisbursed commitments (CUC) – CUC breakdown by countries – Current year approval, disbursed and completed projects – Opportunity to examine the portfolio according to aspects such as ‘Delayed’, ‘Warning’ and ‘On track’ – Portfolio breakdown by region – Portfolio by sector. X Data is gathered from the core Operations Management System (OMS), which provides a single source of truth to all the stakeholders. T he Project Portfolio Dashboard is a crucial tool that supports the management of IsDB’s funding portfolio Project Portfolio Dashboard The Project Portfolio Dashboard has significantly improved operational efficiencies and simplified access to project information for the BED [ 176 ] SDGs