Implementation is monitored using a quantitative approach to track the achievement of a project’s outputs and outcomes relative to its estimated time and cost parameters, through the Project Monitoring Report (PMR). At 18 months from execution, a Loan Results Report (LRR) will be prepared to assess potential implementation issues.

Progress Monitoring Report (PMR)

The Progress Monitoring Report (PMR) is a tool to enable results-based management, shifting the focus of monitoring of implementation from inputs to outputs and outcomes. The PMR strives to identify delays and deviations early on during project implementation, and changes needed during execution, using a quantitative approach to track the achievement of a project’s outputs and outcomes relative to its estimated time and cost parameters. The PMR helps measure corporate performance and provide information on delivered results during project execution.

Loan Results Report (LRR)

To measure the effectiveness of Bank’s development interventions each project team prepares the Loan Results Report (LRR) 18 months after the first disbursement is made.  This report includes three key sections:  a) the results report, b) the review of implementation including risks and safeguard experience, and c) the annual operating plan with a timeline of activities for the next 12-18 months. The LRR may also include the evaluability rating of the Development Effectiveness Matrix (DEM) .