Project Evaluation is the process of assessing a project's performance and outcomes against its objectives. It involves collecting and analyzing data to determine whether the project met its goals, stayed within budget, and adhered to timelines. This evaluation helps identify strengths and weaknesses, providing valuable insights for future projects.
The evaluation can be conducted at various stages, including during the project (formative evaluation) and after its completion (summative evaluation). Tools such as surveys, interviews, and performance metrics are often used to gather information. Ultimately, Project Evaluation aims to improve decision-making and enhance the effectiveness of future initiatives.