Guidelines for the Preparation of Project Performance Audit Reports

Abstract

Evaluation is an integral part of ADB’s project cycle. Evaluation has two major dimensions: (i) self-evaluation by the operations departments responsible for preparing and implementing projects and programs, and (ii) independent evaluation by the Operations Evaluation Office (OEO). Self-evaluation comprises a number of instruments, including project/program performance reports (PPRs) and midterm review reports prepared during the course of project implementation, project/program completion reports (PCRs) and TA completion reports prepared at the end of project or TA implementation, and country portfolio performance reviews. The PPAR presents OEO’s evaluation results for an individual project or program and is a basic instrument of independent assessment. OEO’s evaluations are done several years after implementation has been completed and operations have commenced. The results presented in PPARs are used in other evaluation studies including impact evaluation, reevaluation, and special evaluation studies, which focus on particular issues or subjects of broader relevance to ADB’s operations, policies, and procedures.