Assessment of the 2004 Project Completion Reports (PCRs) Produced under the Bank's New PCR Guidelines
The Project Completion Reports (PCRs) are an IDB self-evaluation instrument written upon project completion. The Bank and the Executing Agencies share the responsibility for the achievement of the project's development objectives, and the PCR is intended to document this achievement. Thus the PCR is intended to play a key role in the accountability of the Bank and the Executing Agencies' actions. In 2004, the Bank produced and launched the New PCR Guidelines. Each PCR contains self-ratings regarding project performance on aspects such as: the achievement of development objectives (DO), project implementation (IP), and sustainability (S). The objective of this evaluation (RE-315) is to provide an independent validation of PCR self-ratings, and to assess compliance with the Guidelines.