Guidelines for Preparing Performance Evaluation Reports ...

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Guidelines for Preparing Performance Evaluation Reports for Public Sector Operations January 2006 Operations Evaluation Department Asian Development Bank ABBREVIATIONS ADB Asian Development Bank EIRR economic internal rate of return FIRR financial internal rate of return OED Operations Evaluation Department OEM operations Evaluation mission PCR project/program completion report PPER project Performance Evaluation report RRP report and recommendation of the President TA technical assistance CONTENTS Page I. GENERAL 1 A. Introduction 1 B. Borrower and Beneficiary Participation in Evaluation 2 C. Position Paper 2 D.

3. Evaluation is an important part of ADB’s project cycle. Evaluation has two major dimensions: (i) self-evaluation by the operations departments responsible for preparing and implementing projects, programs, and TA operations; and (ii) independent evaluation by the Operations Evaluation Department (OED).

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