Description: Project evaluation refers to the systematic assessment of a project’s performance and outcomes, aimed at determining its effectiveness, efficiency, and relevance. This process involves the collection and analysis of data to measure progress and results against established objectives. Evaluation can be both formative, conducted during project implementation to make necessary adjustments, and summative, carried out at the end of the project to assess its impact and sustainability. Key characteristics of project evaluation include the clear definition of success indicators, the collection of quantitative and qualitative data, and the involvement of stakeholders. Its relevance lies in enabling project managers to make informed decisions, improve accountability, and facilitate organizational learning. Additionally, evaluation contributes to identifying best practices and lessons learned that can be applied in future projects, thus ensuring continuous improvement in project management.
