Govt ensuring to define KPIs for monitoring, evaluation of development projects: Ahsan Iqbal

Business Sep, 22 2022
Govt ensuring to define KPIs for monitoring, evaluation of development projects: Ahsan Iqbal
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ISLAMABAD: Minister for Planning Development and Special Initiatives Ahsan Iqbal said that government was ensuring to clearly define key performance indicators (KPIs) of each social sector uplift projects.

He said that government initiated these programmes under its Public Sector Development Programme to achieve desired results of sustainable socio-economic prosperity in country. Absence of these key indicators would not only create hindrance in monitoring and evaluation of such projects, but also lead to failure of achieving set objectives for which these were developed, he said.

Addressing a conference organised by Centre for Economic Research in Pakistan (CERP) aiming to focus on improving decision-making through rigorous quantitative research, engaging with policy counterparts with real policy challenges and designing and advising on high impact reforms based on data he said that it was also expected that CERP will ensure through its monitoring and evaluation system that all funds allocated for different social sector projects under PSDP were spent to achieve objectives for which resources were allocated.

He said that it was also expected that CERP would share its modern expertise of monitoring and evaluation with development sector of Pakistan for maintaining transparency in social sector development projects, besides maximising value of investment in these projects. Other objectives of event was to deploy cutting edge pedagogy tailored for Pakistan and provide data insights to private sector on product and process design, besides improving decision-making through evidence-based research, survey, executive education and advisory services.

He said that monitoring and evaluation system also helps to observe outcomes of a project and achieved results against set targets, besides addressing the all bottleneck on time by establishing an early warning system and avoiding any further loss.

Published in The Daily National Courier, September, 22 2022

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