Strategic resource investment methodology for developing countries Online publication date: Sat, 12-Jul-2014
by John V. Farr; Kenneth W. McDonald
International Journal of Diplomacy and Economy (IJDIPE), Vol. 1, No. 3/4, 2013
Abstract: In order to responsibly manage and direct aid in developing countries, we need methods, processes, and quantitative analytical tools to determine where to invest scarce resources, what are the capabilities gaps, and the effectiveness of certain types of investments in closing the gaps. The methodology presented herein partially addresses this systemic issue. Specifically, this paper introduces the strategic resource investment methodology (SRIM) for this purpose. This five step process includes an establish context, problem definition and conduct the needs assessment/stakeholder requirements, solution design, decision-making, and implementation and monitoring phases iterative systems process. The SRIM is the first step by the nation reconstruction and capacity development community (NR/CD) in developing a systems process to document the cradle to grave life cycle approach for NR/CD.
Online publication date: Sat, 12-Jul-2014
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