Appropriate monitoring of project activities promotes timely project implementation and accuracy of project cost variations. It provides an assessment of the range of factors contributing to or potentially constraining the achievement of project results. A robust DMF, with appropriate performance indicators, helps in strengthening the quality of project outputs and outcome. During the midterm review and project restructuring due to scope changes, further improvements to the DMF permits necessary adjustment to project components while keeping the project on track. Aside from the DMF targets, monitoring of safeguards indicators is crucial, especially for implementing agencies that are unfamiliar with its importance.
Phuoc Hoa Water Resources Project