– A process, which is commonly systematic and objective to a feasible extent, by means of which the values or a significance of an activity, policy or a program, a planned intervention, an ongoing intervention or a completed intervention is determined.

– A periodic evaluation (assessment) of a program’s efficiency, effectiveness, impact and relevance, according to a predetermined criterion or standard.

– An independent analysis of planned activities, objectives, results and invested assets, aimed at drawing conclusions that could be used as a base for making further decisions.

Additional readings

– IDEAS