PFM Courses for Government
PFM Training is responsible for the development of two comprehensive training courses; a Foundation course and a Diploma course in Public Financial Management (PFM).
Both PFM training courses were offered to nearly 200 government officials from Somaliland via a World Bank capacity-building project.
PFM Training Course Objectives
The courses met a number of criteria that made them ideal for Somaliland:-
- Curricula, training materials, and training methodology had already been developed which made them available for immediate commencement.
- Comprehensively covered all areas of PFM, additional modules on Somaliland-specific material could be developed.
- Course delivery was entirely online using the eLearning system. Students were able to study the course using their phones on a 4G network.
- Travel and security concerns were eliminated since students could take the courses in their own time and location and in any location.
The Foundation course in PFM was provided without any customization since it already offered a complete and comprehensive practical understanding of Public Financial Management.
An entire module that included country-specific training was written and integrated into the Diploma course. The whole eLearning package included a student forum that was monitored by PFM professionals who encouraged discussion and answered any student questions.
Results of Government Training
The commitment from the students went far beyond expectations. As a result the rate of completion, especially for an eLearning course, was unprecedented. According to numerous studies* the average completion rate for eLearning courses is between 13% and 25%. The success rate for the Somaliland courses averaged 84% over the Foundation and Diploma courses.
PFM Training Limited was delighted to have been involved in such a successful program and is looking for new opportunities to repeat this success in countries and projects around the world. If you are interested in PFM courses for yourself, your organization, or a project that you’re working on, you can get in touch at any time, or click here to find more information on the ICGFM Foundation and Diploma Courses.
*A sample of sources citing the above statistic: Deloitte, Aberdeen Group, eLearning Guild, LinkedIn Learning, Society for Human Resource Management, Khan Academy, Association for Talent Development
Core Course Features
During development, PFM Training Limited identified a number of objectives that could not be found in a single PFM course.
1. Practicality. Many courses focus on academic aspects of PFM but fall short of teaching practical skills that can be applied directly in a PFM workplace.
2. Accessibility: It was important that the courses could be taken by professionals living in remote locations. It is expensive, and often impractical for professionals to travel to a central location for training.
3. Flexibility: Using modern eLearning technology and techniques allowed PFM Training to write custom modules that are specific to individual countries or organizations. Additionally, both courses can be offered on their own or within a blended learning model where the eLearning element is combined with face-to-face teaching.
4. Affordability: The cost of deployment is very low compared to custom-built training programs of a similar nature.
5. Speed of deployment: The course itself is comprehensive and applicable to any PFM environment and can be deployed with the click of a button…almost immediately in fact. Country/organization-specific material can usually be developed before participants reach the end of the existing modules meaning no delays or hold ups.
These courses have been invaluable to my day-to-day work, especially with regard to budgeting, auditing, and reporting.
Said Mohamed Said
Ministry of Finance, Somaliland