Term of the Road Dictionary

assessment of a project

  • Language : PIARC Road Dictionary / English
  • Theme : Financial and Legal Tools Finance and Procurement Economics and Finance
  • Definition : Judgement on the value of a (usually) public intervention with reference to criteria and explicit standards. Note: the judgement usually concerns the needs which have to be met by the intervention, and the effects produced by it. The aim is to determine the relevance and fulfilment of objectives, efficiency, effectiveness, impact and sustainability.

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