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Reorganization of the Asian Development Bank : VI. Main Features of Organizational Change
M. Project Administration and Portfolio Management86. ADB’s development impact depends substantially on the effective implementation of its projects and how well they meet their objectives. With over 400 projects under implementation at any given time, portfolio management is an important part of ADB’s work. It is important to clearly establish responsibilities in this area. 87. Regional departments will be responsible for project administration and management of the country portfolio. It is their responsibility to periodically review the country portfolios and discuss remedial measures with governments. Internally, they are responsible for providing timely updates for ADB-wide databases and information systems on the portfolio, maintained by Central Operations Services Office (COSO). The management support division of SPD will undertake portfolio monitoring for purposes of reporting ADB-wide status and analyzing trends for management. That division will thus have the overview of the entire range of ADB’s operations from project preparation to implementation. OED will be responsible for all evaluation work of the portfolio. COSO will be responsible for services relating to consulting, procurement, and project administration, and will continue to maintain the databases.
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