Catalog

8.3 Project Performance Reports

ADB uses project performance reports (PPRs) to monitor the progress of implementation and achievement of development objectives of loan and grant projects. Because of the cause-effect relationship between the two aspects of project performance, PPRs should present explicit and verifiable performance targets that reflect progress toward achieving project objectives. PPRs highlight performance assessments for project supervision, key assumptions and risks, major problems encountered, actual or proposed remedial actions, project ratings for implementation progress, and the likelihood of achieving development objectives. ADB’s loan processing mission leader should prepare the PPR from the logical framework by 1 month after the loan was approved. The PPR should be updated periodically during project review missions, in consultation with the EAs or after receipt of project progress reports.

PPRs are prepared for all ongoing projects financed or administered by ADB, and are to be retained until the loan account is closed.