Planning Division

Facilitate to conduct industry survey, update industry related statistics and assist to prepare relevant sector development plans

Budget proposals of IDB presented for the Ministry to gain funds

Facilitate to prepare capital budget and recurrent expenditure requirements in accordance with the organizational budget and overall action plan for the year to come.

Preparation of Procurement Plan for the IDB

The procurement plan is an annual document which lists all the requirements of each division expected to be procured over a period of time. Based on the information, the procurement schedule is developed, which establishes the estimated cost, sources of financing and procurement method for carrying out each step in the procurement process up to contract award and the fulfilment of the requirement.

Preparation of Action Plan for the year

The Action plan is prepared annually including the activities needed to be completed by each division during the specified period. Targets and activities of each division were categorized under KPIs as, New Business Creations, develop existing industries, assist to create export oriented industries, specific services provided by IDB, internally and externally.

Prepare monthly quarterly and annual progress reports on annual action plan

Based on the action plan, the progress of activities achieved by each division is being monitored and assessed monthly, quarterly and annually. Overall progress of the Board is assessed financially and physically.

Organizing monthly progress review meetings

Progress review meetings are arranged monthly and annually with the participation of HODs in order to evaluate the contribution of each division on achieving objectives of the organization.

Preparation of the Annual Reports

In every end of a financial year, an Annual Report is being prepared to provide information on institutional history and summarize the physical progress of each divisions of the Board. Annual report consists with several sections including managerial reviews, divisional progress, financial performance and other major achievements in the past year. The foremost purpose for the disclosure of yearly annual reports are to be in line with mandatory requirements and jurisdictions, to review the past year performance.