Monitoring Tools
This tool enables the project manager to monitor the project’s cost according to the schedule of expenditure. These monthly reports are usually requested by funders and should be prepared with the perspective of being shared externally – also for transparency of funds management.
These reports serve as the basis for assessing the performance of a project in terms of its contributions toward the intended goals. These reports should reflect the achievements, challenges, problems, solutions, and alternative strategies arising during project implementation. Progress status reports can be submitted on a monthly, quarterly, bi-annual, or annual basis.
These reports can be similar in terms of content to the progress status reports. They provide the funder(s) and implementing organization(s) with an additional focus on the following:
Self-evaluation reports are often considered as a monitoring tool, being in fact an evaluation of the intervention by the program/project manager himself. They contain evaluative elements that add another dimension to a traditional activity report.