How frequently does ADB conduct project reviews?

The Asian Development Bank (ADB) typically conducts project reviews annually or as specified in the project plans. This approach allows ADB to effectively monitor the progress of projects in accordance with their established timelines and objectives. Annual reviews provide an opportunity to assess how projects are advancing in relation to their goals, budgets, and timelines, and to make necessary adjustments if the project is not progressing as intended.

Conducting project reviews annually ensures that any emerging issues can be identified and addressed promptly, ultimately contributing to the successful completion of the project. Furthermore, having the flexibility to define the frequency of reviews within project plans accommodates the unique circumstances of different projects, acknowledging that some may require more frequent evaluations based on their complexity, risk factors, or specific context.

This systematic review process is critical for ensuring accountability, learning, and the continuous improvement of project outcomes, aligning with ADB's commitment to effective project management and development effectiveness.