Importance of Monitoring and Evaluation in Complex Projects Essay

Importance of Monitoring and Evaluation in Complex Projects - Essay ExampleEvaluation is there to bring these into light. As b ard by Bako (n.d.) however, evaluation and evaluators are still seen as elements of managerial work that inflame ones nerves rather than challenge one for change. Managers are often confronted with questions and challenges both from inside(a) and outside the organization about projects. Questions asked include proper use of resources, results in line with efforts, services meeting beneficiaries expectations or not, and proper spending of money. To answer these questions, evaluations are undertaken by organizations but relevant information must be gathered systematically first, which is the process of monitor.Large-scale infrastructure projects would even more need monitor and evaluation efforts. Examples of complex projects involve the development of power plants, telecommunications systems, water treatment facilities, ports, urban transportation systems and toll ways. Most of these are owned by common soldier sector developers or are partnerships with public sector institutions. They are typically capital intensive, involving tens if not hundreds of millions of dollars of investment (CRGP, n.d.).Complex projects, according Coffman (n.d.) compose of a subset of projects extended enough financially to pose a significant risk to the organization if they are not conceived of and executed well. There is multiplicity of the parties involved in the planning, financial support and execution of the projects. There is also at times complexity in the multiple nationalities of the parties(CRGP, n.d.).According to the World Bank, a separate administrative unit for monitoring is expedient where project objectives are complex, or with projects with multiple components. (WB 1989). The purpose is to serve the information needs of the implementing agency and so accordingly such unit should be integrated into the management structure (Ibid.). Monitor ing and evaluation (M&E) systems should be of quality. At the outset, projects are required to design and implement plans for M&E as utmost as the Global Environment Facility (GEF, 2004) Council is concerned. To them, an issue with complex projects is their over-ambitious objectives in relation to available resources and the periods for implementation. Another is the unrealistic assumptions about either project problems or solutions (Ibid.).Monitoring and evaluation (M&E)Monitoring is mainly an internal process carried out by those implementing the project. Preferably, monitoring should involve all stakeholders as the results need to be divided with them and fed back into implementation (www.bond.org, n.d.). Monitoring is the continuous assessment of project implementation with the main objective of providing continuous feedback (WB 1989).On the other hand, evaluation is the biannual assessment of the relevance, performance, efficiency, and repair of the project, both expected a d unexpected, in relation to stated objectives. It is intended to identify project design problems, and is essentially an internal bodily function undertaken for project management. (Ibidl). An evaluation is an assessment of an ongoing or completed project rendered as objective as possible. The aim is to determine the relevance and fulfilment of objectives, development, efficiency, effectiveness, impact and sustainability. Information in an evaluation should be credible and useful to enable learning from the lessons incorporated for the