Para 3.18.9 — MSO (Audit)
Original Rule Text
3.18.9 Audit should also see whether the guidelines for project approval contain provisions for a mid-term and final appraisal and whether there is a system of evaluation of completed projects by an independent agency. Individual projects involving substantial financial outlays should be scrutinised to ascertain whether their objectives have been fully achieved. The comments of committees and independent experts evaluating the projects have to be studied in order to ascertain whether the projects have been successful.
- Utilisation of research results
- Technology development and transfer
What This Means
Auditors should check whether project approval guidelines include provisions for mid-term and final appraisals, and whether completed projects are evaluated by an independent agency. For projects involving significant funding, auditors should verify whether objectives were fully achieved. They should also study the observations of evaluation committees and independent experts to determine if projects were successful, including whether research results were utilized and technology was developed and transferred.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Key Points
- 1Check for provisions of mid-term and final appraisal in project guidelines
- 2Verify existence of independent evaluation of completed projects
- 3Scrutinize large-expenditure projects for full achievement of objectives
- 4Study comments of evaluation committees and independent experts
- 5Assess utilization of research results and technology transfer outcomes
Practical Example
An auditor reviews a Rs 15 crore agricultural research project that concluded two years ago. The project guidelines required an independent evaluation, but none was conducted. The auditor finds that while the project produced research papers, the developed crop variety was never transferred to farmers or seed agencies, meaning the practical objectives of the project were not achieved despite full expenditure of funds.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Frequently Asked Questions
What is the difference between a mid-term and final appraisal?▼
Why is independent evaluation important for government projects?▼
What does 'technology transfer' mean in the context of research projects?▼
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.