In the identification and formulation phases of the project cycle, the following questions are answered: «Is the project concept relevant to local needs and consistent with EC policy priorities? ». “Is the project feasible and will it deliver sustainable benefit? ‘’
This section briefly presents:
This section refers to the EC’s PCM Guidelines for Aid Delivery Methods (2004), available at http://ec.europa.eu/europeaid/reports/pcm_guidelines_2004_en.pdf
It is at the identification and formulation phase that crucial decisions are taken. Projects are identified and formulated and decisions are taken as to whether to finance and support them.