Logical Framework Approach in Project Planning
Abstract Topic 1
In Project Portfolio Management (PPM) a four step process enables the organization to make rational decisions and optimize the resource allocation to the different projects and programs. This process consists of the identification and categorization of projects, evaluation and prioritization of projects, authorization of projects, and lastly the consolidation and revision of portfolio reports.
Abstract Topic 2
The Logical Framework Approach (LFA) is a project planning, design and evaluation methodology, and a product of a U.S. Agency for International Development initiative in 1969, which aimed at analyzing and diagnosing their project evaluation system. The study revealed three underlying problems the planning were too vague, management responsibility were unclear, and that project evaluation were and adversary process. The LFA were thereby became a response to these problems.