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The Project Cycle Management (PCM) represents the whole of management activities and decision-making procedures used during the life cycle of a project. These Guidelines have been prepared to support ongoing improvements in the quality of EC development assistance. Part 2 offers an excellent description of Training Action for Project Cycle Management. Project Cycle Management Handbook Instruction 2: Identify the intervention logic and assumptions. (VOLUME II) LFA is one of the project cycle management tools that can be used for To plan, coordinate, ad track specific tasks of a project. More specifically, the Guidelines aim to support good management practices and effective decision making throughout the project management cycle – from Aid Delivery Methods vol.1.EUROPEAN COMMISSION. EuropeAid Co-operation Office. General Affairs. Evaluation. Project Cycle Management. Handbook a. March 2002. Version 2.0. Prepared by:. ii. Title: Handbook on Project Cycle Management of Development Projects. Authors: Svoboda D., Rušarová K., Chaloupková P., and Banout J.