Operational Excellence: Understanding Project Financial Cancellations and its Impact on the Delivery of Results

The objectives of this analysis are twofold: (i) First, it aims to enhance our understanding of the role design and execution characteristics of IDB financed projects play in project success and effectiveness in delivering results. (ii) Second, it empirically explores which project characteristics are more likely to explain partial financial cancellations, which plays a key role on the delivery of results. Based on the knowledge gained, we identify specific measures that can be taken to enhance the likelihood of project success.