Measuring Results the SMART Way

GEF projects and programs monitor using relevant performance indicators. The monitoring system should be “SMART”:

1. Specific: The system captures the essence of the desired result by clearly and directly relating to achieving an objective, and only that objective.
2. Measurable: The monitoring system and its indicators are unambiguously specified so that all parties agree on what the system covers and there are practical ways to measure the indicators and results.
3. Achievable and Attributable: The system identifies what changes are anticipated as a result of the intervention and whether the result(s) are realistic. Attribution requires that changes in the targeted developmental issue can be linked to the intervention.
4. Relevant and Realistic: The system establishes levels of performance that are likely to be achieved in a practical manner, and that reflect the expectations of stakeholders.
5. Time-bound, Timely, Trackable, and Targeted: The system allows progress to be tracked in a cost-effective manner at desired frequency for a set period, with clear identification of the particular stakeholder group to be impacted by the project or program.

The GEF Evaluation Office, GEF Secretariat, and Implementing and Executing Agencies have developed toolkits on indicators for flexible use by project designers and managers:

Measuring Results of the GEF Biodiversity Program (2003).

Program Performance Indicators for GEF International Waters Programs (2003).

Monitoring and Evaluation Indicators for GEF International Waters Projects (2002).

Measuring Results from Climate Change Programs: Performance Indicators for GEF (2000).