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Displaying 1 - 11 of 11

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
Significant implementation support is required for ADB-financed projects in PNG.

Project Number: 44304-013, 44304-014, 44304-015
Project Name: Microfinance Expansion Project
Report Date:
Lesson
A dedicated, full-time monitoring and evaluation (M&E) staff or consultant is necessary for timely and reliable project performance monitoring and reporting.

Project Number: 44304-013, 44304-014, 44304-015
Project Name: Microfinance Expansion Project
Report Date:
Lesson
Staff perception of comparatively lower salaries could erode their morale and lead to frequent turnover.

Project Number: 44304-013, 44304-014, 44304-015
Project Name: Microfinance Expansion Project
Report Date:
Lesson
All expenditures allocated to a single cost category should be allocated to a single cost center.

Project Number: 44304-013, 44304-014, 44304-015
Project Name: Microfinance Expansion Project
Report Date:
Lesson
A single database, accessible to all project staff, will make monitoring and reporting easier and project decision-making more reliable and consistent.

Project Number: 44304-013, 44304-014, 44304-015
Project Name: Microfinance Expansion Project
Report Date:
Lesson
Match ADB staff skills to specific project needs. When supporting the development of a new industry in a challenging environment, project administration needs to be particularly vigilant and carried out by ADB officers with strong expertise in the area. Stakeholders noted that the performance of ADB improved when staff had expertise in the microfinance sector and were actively involved in the implementation of the project.

Project Number: 32472-013
Project Name: Microfinance and Employment Project
Report Date:
Lesson
Timely reviews, earlier solutions, lower costs. A major project redesign followed a midterm review. While the changes contributed significantly to the success of the project, this review occurred came fairly late - in 2005, compared with the original closing date of 2006. Had this review taken place earlier, the project might have been able to achieve its outcomes earlier and at lower cost.

Project Number: 32472-013
Project Name: Microfinance and Employment Project
Report Date:
Lesson
Not housing the PIU within the executing agency reduced oversight and transparency.

Project Number: 32472-013
Project Name: Microfinance and Employment Project
Report Date:
Lesson
Efficient reporting and data collection essential. The project implementing unit (PIU) did not allocate sufficient time to reporting and data collection during implementation, which impacted negatively on the ability of ADB and the microfinance steering committee to administer the project effectively.

Project Number: 32472-013
Project Name: Microfinance and Employment Project
Report Date:
Lesson
Realistic design key in conditions of uncertainty. When a project seeks to develop a nascent industry in a challenging environment, outputs need to be realistic. The project design relied on assumptions about the state of and potential for development in the microfinance industry that proved to be unrealistic. The project redesign highlights the need to be flexible in adapting the project to emerging realities and experiences in the industry.

Project Number: 32472-013
Project Name: Microfinance and Employment Project
Report Date: