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Value Cycles for Development Outcomes

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{Excerpt} Development work is a knowledge-intensive process that is fed by knowledge services and knowledge solutions. Projects are the primary mechanism by which strategic change is brought about. Value cycles can maximize their potential through delivery platforms. More and more, development work is understood to be a knowledge-intensive process that is fed by knowledge services and knowledge solutions. And, for the most, projects (and programs) are the primary mechanism by which strategic change is brought about. Projects and knowledge are thus mutually dependent: to deliver development outcomes projects must be enriched by knowledge; and new knowledge (that should be captured and leveraged) must in turn be generated by projects. Projects are key vehicles that can support a wealth of opportunities for knowledge generation and sharing: virtuous knowledge cycles must be sought that maximize their potential through delivery platforms (including tools, methods, and approaches).

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2009-07-01

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Asian Development Bank; ADB; poverty; economic growth; sustainability; development

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Government Document

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Required Publisher Statement: This article was first published by the Asian Development Bank (www.adb.org).

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