|
The Office of Evaluation and Oversight (OVE) was created in mid-1999 when the evaluation function in the Bank was redesigned after a thirty-year history. At that time OVE became independent of Bank Management, reporting solely and directly to the Board of Executive Directors. In this redesign, the Board mandated that OVE conduct Country Program Evaluations (CPE); policy, strategy, thematic and instrument evaluations; and oversee the Bank's internal monitoring and evaluation system, processes and instruments. Moreover, OVE conducts oversight reviews of corporate strategy, processes and instruments; provides normative guidance on evaluation issues; and contributes to evaluation capacity building in the region. In 2003, OVE began conducting ex-post project evaluations as well.
|