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Lesson
Clear identification and selection of appropriate performance target indicators during the project design stage supports the achievement of a project’s intended outcome. Adequate technical assessment on outcome and output target indicators facilitates clear tracking and measure of project’s achievement at completion. Furthermore, the importance of target indicators and its consistency between outcome and output statements are essential to demonstrate the project results.

Project Number: 44240-014
Project Name: Thimphu Road Improvement Project
Report Date:
Lesson
The provision of technical assistance to support the project preparatory stage and capacity of the executing and implementing agencies enhances the quality of project administration. For example, building the capacity skill set of agencies on financial and procurement management prior to the onset of a project would benefit the timely execution of procurement activities and civil works. This helps in reducing any potential risk that could arise because of delayed start-up and/or implementation.

Project Number: 44240-014
Project Name: Thimphu Road Improvement Project
Report Date:
Lesson
The importance of ex-post monitoring as results of policy-based loans are expected to fully materialize after implementation period. In this regard, mechanisms, such as the post-program engagement framework , established as part of program design allows for monitoring of results over the longer term and helps in promoting sustainability of the program.

Project Number: 51252-003, 51252-004, 51252-005
Project Name: Financial Market Development Program (Subprograms 1, 2, and 3)
Report Date:
Lesson
No new lessons

Project Number: 54183-001
Project Name: COVID-19 Active Response and Expenditure Support Program
Report Date:
Lesson
The TCR did not have a lesson for this criterion. However, during the finalization of this validation, the South Asia Regional Cooperation and Operations Coordination Division (SARC) provided this lesson: Implementing regional TAs is more complex and entails continued commitment and engagement of participating countries. A comprehensive risk analysis and appropriate mitigating measures should be in place and regularly updated throughout implementation to efficiently address issues that may come up.

Project Number: 45396-001
Project Name: South Asia Economic Integration Partnership
Report Date:
Lesson
This is a description of outputs and does not constitute a lesson. During the finalization of this validation, SARC provided another lesson: Partnership and working on related initiatives with donors and other ADB TAs promote leveraging of available financing to maximize results and enhance cross-learning.

Project Number: 45396-001
Project Name: South Asia Economic Integration Partnership
Report Date:
Lesson
During the finalization of this validation, SARC provided another lesson: Flagship knowledge products on a sector involving multiple countries can contribute to more effective planning and programming of regional interventions.

Project Number: 45396-001
Project Name: South Asia Economic Integration Partnership
Report Date:
Lesson
Despite issues associated with the RETA’s design and relevance, ADB was able to maintain operations in two countries. The lesson here observed that the focus on tangible benefits was able to maintain some momentum.

Project Number: 45396-001
Project Name: South Asia Economic Integration Partnership
Report Date:
Lesson
Another lesson relating to the TA is the selection of appropriate design and monitoring framework indicators that pertain to the effective utilization of knowledge products. Since the main outputs of regional capacity development TAs are knowledge products, monitoring the extent of utilization or uptake of the knowledge products produced within and/or outside ADB would benefit from user surveys or interviews. These surveys and interviews can help provide insights into how the knowledge products have benefited their users.

Project Number: 47146-001
Project Name: Macroeconomic Modelling for Improved Economic Assessment
Report Date:
Lesson
In the TCR’s Conduct of Activities section, it mentioned: “The nowcasting study featuring Indonesia was completed and published in the ADB Economics Working Paper series in December 2015 and in Empirical Economics journal in June 2017. This tool has been used regularly by the Indonesia Resident Mission to support their growth forecasts since 2016 and has also been shared to the Fiscal Policy Agency of the Ministry of Finance and Ministry of National Development Planning of the Republic of Indonesia to enrich their suite of tools for conducting macroeconomic monitoring.

Project Number: 47146-001
Project Name: Macroeconomic Modelling for Improved Economic Assessment
Report Date:
Lesson
There is a need for careful planning in the context of an exploratory TA, such as this one, to allow for timely delivery of outputs while ensuring process and cost efficiency

Project Number: 47146-001
Project Name: Macroeconomic Modelling for Improved Economic Assessment
Report Date:
Lesson
TCR did not include a lesson for this criterion, however, a relevant lesson can be found in the Follow_x005F_x0002_up Actions section: “To build upon the achievements of the project, a new KSTA [knowledge and support technical assistance] on Deepening Understanding of Macroeconomic Fluctuations in Developing Member Countries for Improved Economic Assessment was approved on 21 June 2018 to further deepen understanding of macroeconomic fluctuations in DMCs for improved economic assessment.

Project Number: 47146-001
Project Name: Macroeconomic Modelling for Improved Economic Assessment
Report Date:
Lesson
Agreed. A useful lesson is the importance of partnering with other knowledge institutions to tap expertise and efficiently use financial resources.

Project Number: 47146-001
Project Name: Macroeconomic Modelling for Improved Economic Assessment
Report Date:
Lesson
Agreed. A useful lesson is the importance of partnerships with the client to ensure buy-in and follow through, and to tailor to additional capacity building demands from the DMCs

Project Number: 47146-001
Project Name: Macroeconomic Modelling for Improved Economic Assessment
Report Date:
Lesson
Agreed. Another useful lesson is the importance of involving clients in a hands-on manner to build a technical product and ensure the transfer of technical expertise, and the subsequent adoption or uptake

Project Number: 47146-001
Project Name: Macroeconomic Modelling for Improved Economic Assessment
Report Date: