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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
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
Investment decisions in a new sector need to be informed by a careful assessment of the risks in that sector.

Project Number: 42180-013
Project Name: Second Public-Private Infrastructure Development Facility
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
Coordination among all stakeholders is important in making green finance sustainable.

Project Number: 42180-013
Project Name: Second Public-Private Infrastructure Development Facility
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
Independent auditors’ opinions should adequately address all the aspects of the loans’ financial covenants.

Project Number: 42180-013
Project Name: Second Public-Private Infrastructure Development Facility
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
Audit observations need to be resolved and reconciled with ADB’s loan financial information system well before the project closure to avoid delays in loan financial closing.

Project Number: 40534-013
Project Name: Second Crop Diversification Project
Report Date:
Lesson
Premature fielding of an MTR mission can restrict its ability to capture the need for adjustments in the project scope, targets, and timeline, consequently affecting project performance rating.

Project Number: 40534-013
Project Name: Second Crop Diversification Project
Report Date:
Lesson
The availability of land for project infrastructure needs to be carefully assessed at appraisal to ensure that targets are realistic and can be achieved

Project Number: 40534-013
Project Name: Second Crop Diversification Project
Report Date:
Lesson
ADB’s programmatic approach provides the greatest scope and flexibility for achieving the quality of policy dialogue required by structural reforms

Project Number: 51060-002, 51060-003
Project Name: Public Efficiency and Financial Markets Program (Subprograms 1 and 2)
Report Date:
Lesson
ADB’s programmatic approach to reforms can trigger long-lasting changes in the institutional and policy environment of Armenia and this needs to continue under the new government.

Project Number: 51060-002, 51060-003
Project Name: Public Efficiency and Financial Markets Program (Subprograms 1 and 2)
Report Date: