Regional Project Coordination Office (RPCO) XIII’s I-REAP component starts the year off strong with its first mainstreaming activity. Launching off of the directive to mainstream PRDP processes, the component conducted a Training Workshop on Economic and Financial Analysis (EFA) in Butuan City, Agusan del Norte from January 17 – 20, 2023.

The training-workshop aims to capacitate staff from the Department of Agriculture Regional Field Office (DA-RFO) XIII’s operating units, banner programs, and special projects, as well as partner LGUs, including staff from Municipal Project Management and Implementing Units (MPMIU), City Project Management and Implementing Units (CPMIU), and Provincial Project Management and Implementing Units (PPMIU).

RPCO XIII I-REAP Component Head Ms. Lynn A. Pareñas emphasized the role the EFA plays in ensuring projects are financially viable, highlighting its crucial role in maintaining sustainability within the component. She also underscored the nature of mainstreaming as a dynamic, two-way process wherein both parties mutually learn from each other.

In order to effectively mainstream the EFA, lectures are followed by hands-on workshops. The first day of the four-day activity covered the financial assumptions and production schedules in Financial Analysis Formulation, facilitated by Project Support Office (PSO) Mindanao’s Business Development Officer Ms. Lellith S. Garcia.

Over the course of the activity, participants will be trained in Financial Analysis Formulation, computation of the economic cost of a subproject, savings in output hauling, and reduction in transport losses, among others. (Article and photos by RPCO 13)