Project evaluation template is a sample evaluation document that shows the project evaluation process, project evaluation tools and project evaluation plan of how to evaluate a project for making decisions and project management. A well drafted project evaluation sample can help business and project managers to improve the project management and project financing.
Project Evaluation Introduction
Project evaluation need to identify the stakeholders of the project. Identifying the evaluation stakeholders can help you establish the relationships that will be conductive to your project evaluation. Stakeholders are the individuals or organizations that have an interest in your project; they may make decisions, participate in the project activities, or be affected by those activities. There may be many stakeholders involved in the project, but The primary stakeholders are those who are closely and directly involved in or affected by the results of your project.
Project evaluation need to select a proper evaluation tools. The traditional method of project evaluation is to use investment rate of return and NPV. The basic rules for the evaluation is that when NPV has a positive value investors can make a decision to invest, if NPV has a negative value people give up the opportunity of investing. But in reality, there are many uncertainty factors an the NPV method shows some weak points when it comes to consider these uncertainties. In the process of evaluating the project, you need to consider the non-economic factors.
Project Evaluation Template Layout
There are free evaluation template you can download for reference, however, you may create your sample project evaluation template based on your project background and requirements using Microsoft Word. During the design process, it is crucial to understand the project evaluation format, project evaluation layout and project evaluation outline.
The first key part in the project evaluation template is the project evaluation introduction. In the section, you need to state the project evaluation objectives, project description, project evaluation principles etc.
The second key part in the project evaluation sample is the project evaluation tools. In the section, you need state all the possible evaluation tools and the reasoning for selecting the evaluation tools.
The last key part in the project evaluation example is the project evaluation results and assessment. In the section, you need to state the results and compare the relevant results and the decisions. For example, what is the advantage and disadvantages of the results?