Define a Project Evaluation Plan

A project evaluation plan is a document that shows how a person or organization chooses to assess the progress of their proposed project.

Facts

• The objectives of a project, the strategies for realizing them, the quality of human and material resources, among other things, are reflected in a project evaluation plan. Therefore, a well-developed project evaluation plan informs you of the strengths and weaknesses of the project.

Significance

• As an overseer of a project or a participant in the project, you should confirm that your project is realizable within the limits of available resources. Moreover, you must know how one aspect of it fits into another. A project evaluation plan contains information about these things.

Benefits

• A project evaluation plan allows you and others to review the course of your project. It enables you to recognize and correct the deficiencies in the project both before and during the course of the project.