Definition
Evaluation is the process of analysing a project for compliance with programme requirements, substantive quality, feasibility and expected results.
Human Explanation
The funding body examines whether the project merits an award of funding.
Why it Matters
Evaluation enables programmes to select projects that best support their objectives.
Conceptual Boundary
Evaluation is not limited to a formal review. Many programmes also include technical, financial and strategic assessment.
Practical Perspective
The process may include formal and substantive review, risk analysis and budget assessment.