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What are the differences between project evaluation and project monitoring?

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  2. What are the differences between project evaluation and project monitoring?

29 Nov 2020

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What are the differences between project evaluation and project monitoring?

What are the differences between project evaluation and project monitoring? Project evaluations are usually referred to the systematic review process of the project to see whether the “objectives” of the project have been achieved or not. Also, project monitoring and evaluation is usually performed as part of the day-to-day operations of the project with a very operational focus, as it and its monitoring look at the same basic elements. The project has a completely different perspective since it looks at it in a fundamental way, so undertaking monitoring and evaluation of the project can be exceptionally effective and useful in ‘lessons learned’ if they are taken into account when deciding on future projects.

Project evaluation and project monitoring

If you are looking for success and progress then there is a related discussion about what we can mean by “project success” which should go far beyond the usual “Iron Triangle” measures of cost, quality and time and use in both monitoring and evaluation as an obvious question: Is this project worth the action? ? Was it worth it? What should be the metrics for success? We can deduce from the above that the observation is the current and continuous state. The evaluation is retrospective for a specified period or starting from a specific point in time.

How to conduct a feasibility study for any project

How to conduct a feasibility study for any project The feasibility study is considered extremely important to the project owner because it is based on all the data related to the project in several areas, including identifying the market situation in all aspects, and the feasibility study is related to technical matters in terms of equipment and others, and the feasibility study is not devoid of a financial study And economical for the project. See how to do a feasibility study for any project here

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Technical Economic Consulting Company was established in 2012, it was established by a team of investment professionals to become one of the leading investment companies to provide the best management consulting services to local international companies and institutions. Since its inception, the company has continuously expanded to become one of the largest leading consulting firms in the region through its branches located in the Arab world as well as representative offices in Europe.

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