Development Effectiveness Report 2024

CHAPTER 5

OFRF PROJECT-LEVEL TOOLKIT

and validating documents, advising on project design and participating in select project appraisal missions.

The OFRF project-level toolkit consists of the Evaluation Readiness Checklist (ERC), the Project Results Framework (PRF), as well as the Strategic Alignment Checklist (SAC). To ensure quality at entry, the OPEC Fund’s Development Effectiveness Unit (DEU) has conducted 11 training rounds for operational and other staff on the toolkit so far and has developed detailed guidelines for each of its compo- nents. DEU also actively supports project teams by editing

The consistent application of the ERC has been reflected in more complete project documents which explain the development rationale behind each project and set out the development objectives and expected results. The appli- cation of the Strategic Alignment Checklist to each oper- ation has allowed the OPEC Fund to consistently track the strategic alignment of its operations.

Lessons learned

Project evaluation

Project preparation

Evaluation Readiness Checklist

Strategic Alignment Checklist

Project Results Framework

Implementation & results monitoring

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