Appendix III: Evaluation Matrices for Monitoring Indicators 

The following matrices are used to assist in the selection of the monitoring for results indicators

for two aspects of the monitoring plan, results and impacts.  The results portion is for monitoring

the list of results for each of the tasks while the impacts are the expected impacts of successful

implementation of the policy reforms and improved financial intermediation procedures.  The

matrices utilize the AID criteria for selection of indicators.  These are that the indicators should

be: 1) direct, 2) objective, 3) adequate, 4) quantitative (where appropriate), 5) disaggregated

(where appropriate), 6) practical, and 7) reliable.  These seven criteria are described on page 4 of

the AID manual on monitoring.  In the approach used for the following matrices a three point

scale is used where the number three (3) means that the indicator is very good with respect to that

criteria while one (1) means that it is a poor indicator.  The letter N is used to signify that the

particular criteria is not appropriate for the indicator being evaluated.

33