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The course on Fiscal Impact Management in PPP Projects covers the identification, assessment/quantification, control (from the perspective of aggregate fiscal exposure across the project portfolio), budgeting, and reporting of PPP fiscal obligations, including both direct (firm) and contingent liabilities.
The course is designed primarily from the perspective of the central authority responsible for fiscal risk and fiscal impact management at the country level, without prejudice to its relevance for contracting authorities, which are typically responsible for submitting projects to fiscal assessment and for managing them throughout their lifecycle.
Several national fiscal impact and fiscal risk management guidelines are reviewed, and case studies are discussed.
The Best Practice in Fiscal Sustainability Management for PPPs course and certification is a mandatory prerequisite to sit the official examination administered by APMG International and to access the Practitioner certificate in sustainable fiscal management of PPPs.
The examination consists of two parts: one more theoretical, focused on fundamentals, and one more practical, for a total of 40 questions.
A score of 50% (20/40) grants the BPFM™ Foundation certificate.
To obtain the Practitioner certificate, a score of 70% (28/40) is required.
The examination is closed book and can be taken through your accredited training provider.
The P3FP™ Program is currently in its early stages.
As a result, not all courses yet have fully operational examinations. ¡¡
This course is not yet certified.
However, if you are interested in attending the course, a limited number of accredited training organizations are already authorized to deliver it. For further information, please contact APMG International at p3fp@apmg.com.
The reference materials for this course and its certification consist of the presentation materials (PPT) provided during the course, together with a selection of country-specific guidelines and global reference materials, including the CP3P Guide.
The course draws on PPP fiscal management guidelines from several countries, as well as papers and technical documents produced by international institutions, in particular the International Monetary Fund and the World Bank.