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Independent Evaluation at the Asian Development Bank
ConclusionsUnderstanding what works, what does not, and what must be improved promotes informed decision making about choices, approaches, and practices. Good evaluation reports promote informed decision making by distilling and articulating what is learned. To this end, OED works to
The performance of evaluation must be seen within the changing context and associated trends in evaluation. The state of the art is always evolving and always inexact. Directions in evaluation are based on evolving concepts of best practice and probability. Over time, these have led to different kinds of development interventions— and new interventions often call for new evaluation approaches. What is more, the age of the knowledge economy is a dynamic age. Information and communication technologies are generating new insights and perceptions almost daily. Within the changing context, trends, and directions, findings and recommendations from evaluation must be perceived as useful to decision making. To be credible, they must be seen as objective, rigorous, and impartial. To be transparent, they must be available to key audiences. Then, hopefully, independent evaluation at ADB will help enhance its accountability to shareholders, stakeholders, and the public and its impact in reducing poverty in the Asia and Pacific region. For OED to fulfill its mandate, it must make strategic decisions to select evaluation topics that are relevant and are likely to have an impact. It must measure the results attributable to evaluation activities against the original expectations denominated in the chain of inputs, outputs, outcomes, and impacts. It must build value throughout the evaluation process. And it must reach out to get the right knowledge to the right people at the right time, and help them to apply it in ways that improve organizational performance.
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