Monitoring and evaluation (M&E) is an essential component of any strategic planning system. It is a living document that must be consulted and updated regularly to ensure that activities are carried out in accordance with the values and organizational culture of the organization. M&E helps track and evaluate the outcomes of interventions over the life of a program, providing an accountability mechanism for stakeholders and allowing for adjustments to be made as needed. To ensure the credibility of the evaluation, independent expert evaluators and a transparent evaluation process are essential. Random evaluation methodologies are applied to initiatives whenever appropriate, given the population coverage of the initiative.
As organizations monitor, analyze and report on a project during the monitoring phase, there is more transparency. The purpose of carrying out monitoring and evaluation is both to learn and to provide an accountability mechanism for the various stakeholders. It allows a simple view of your strategic map, making it easy to monitor the indicators and objectives and to create action plans for each of them.StratWS One strategic planning software can be used to evaluate a strategic plan even faster and more assertively. The results of the evaluation are reported to donors and the Board of Governors in a timely manner, and opportunities to disseminate knowledge to other stakeholders are constantly reviewed, identified and used. Each evaluation emphasizes both expected and unforeseen outcomes as well as positive and negative impacts, such as external factors affecting programs, changes in basic political environments, and overall economic and financial conditions. In conclusion, monitoring and evaluation is an important part of any strategic planning system. It helps track progress towards achieving desired outcomes, provides an accountability mechanism for stakeholders, and allows for adjustments to be made as needed.