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Lesson
The formulation of a coherent results framework that logically links the inputs, activities, and outputs with the envisaged outcome facilitates better monitoring and measurement of project results. The quality of a design and monitoring framework is enhanced by outcome targets that are realistic and appropriately reflect the immediate changes of the outputs.

Project Number: 47305-002, 47305-004
Project Name: Horticulture Value Chain Development Project
Report Date:
Lesson
When designing results frameworks, the use of policy actions as results indicators should be minimized. If the indicator measures the reform success by the completion of the policy actions, it provides little information on the success of that policy action and undermines the relevance of the policy action for no result is achieved other than itself.

Project Number: 53248-001
Project Name: Second Public Efficiency and Financial Markets Program
Report Date:
Lesson
Establishing a project performance monitoring system (PPMS) allows better tracking of project results and implementation progress and risks. It will also allow a project to undertake necessary adjustments to address implementation issues and data gaps and would be useful during ex-post project evaluation, in terms of a more systematic aggregation and assessment of data and information collected via the system.

Project Number: 40534-013
Project Name: Second Crop Diversification Project
Report Date:
Lesson
The design and monitoring framework (DMF) should be reviewed and updated as necessary during implementation to ensure continued alignment with other aspects of the program. The outcome and output indicators in the program DMF had been developed at appraisal for achievement over a relatively short period of 24 months. However, when program implementation was extended by 23 months to November 2019, an opportunity was missed to update the targeted dates for the indicators, which were measured about 1 year after the extended program completion date.

Project Number: 45253-002
Project Name: Third Capital Market Development Program
Report Date:
Lesson
It is important to develop a logical framework with coherent nexus of inputs to outputs that can clearly present how the project design is expected to achieve its intended results

Project Number: 43490-013
Project Name: Capital Market and Infrastructure Capacity Support Project
Report Date:
Lesson
Embedding critical microfinance institution (MFI) performance indicators in the project monitoring system promotes transparency and allows assessment of performance and corrective actions when needed.

Project Number: 45229-001
Project Name: Access to Green Finance Project: Project Completion Report
Report Date:
Lesson
Project targets and indicators, to be realistic and achievable, have to be aligned with the government’s development plans as well as ADB’s country partnership strategy.

Project Number: 42180-013
Project Name: Second Public-Private Infrastructure Development Facility
Report Date:
Lesson
Project targets need to be carefully determined and adjusted as necessary to ensure that they are realistic and achievable.

Project Number: 44304-013, 44304-014, 44304-015
Project Name: Microfinance Expansion Project
Report Date:
Lesson
Indicators to measure project outcomes should be carefully selected to ensure that they are sufficient, achievable, and aligned with the planned outputs.

Project Number: 43490-013
Project Name: Capital Market and Infrastructure Capacity Support Project
Report Date:
Lesson
It is important for a reform program to be supported by and anchored in a broad strategic framework that brings together both qualitative and quantitative indicators to drive, monitor, and assess the attainment of policy outcomes.

Project Number: 51059-001, 51059-002
Project Name: Improving Governance and Public Sector Efficiency Program (Subprogram 1 and Subprogram 2)
Report Date:
Lesson
Having specific performance indicators dedicated to improving FI’s operational and financial management helps ADB foster its development objectives, while improving FI’s institutional capacity. Specifically, the performance indicators on safeguards compliance help ADB improve FI’s ESMS, thereby, mainstreaming ADB’s environmental and social objectives in infrastructure projects that FIs implemented.

Project Number: 46268-002
Project Name: Clean Energy Finance Investment Program (Tranche 1)
Report Date:
Lesson
The assessment of a program’s development effectiveness is difficult in the absence of a structured and aligned outcome indicators.

Project Number: 50145-001
Project Name: Countercyclical Support Facility Program
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Lesson
The DMF needs indicators that measure the actual impact of the project rather than national or sectoral changes.

Project Number: 43158-013
Project Name: Micro, Small, and Medium Enterprise Development Project
Report Date:
Lesson
Projects need to have robust systems for verifying results and for an MSME project, this would ideally include an end-of-project survey to independently measure impact.

Project Number: 43158-013
Project Name: Micro, Small, and Medium Enterprise Development Project
Report Date:
Lesson
Develop, at the design stage, clear targets on the recipients of the project.

Project Number: 43158-013
Project Name: Micro, Small, and Medium Enterprise Development Project
Report Date: