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A project is a set of activities, limited in space, time, and scope, which is to achieve specified objectives.
Project evaluation is the control of the planning and implementation of project activities with regard to the objectives to be achieved.
This means that project evaluation, just like program evaluation (see below), puts normative assessments into the context of planning and management and hence into the context of intentional action and cycles of action. Here not only the assessment of facts and scenarios is important but also the, more or less implicit, causal chains which connect activities with project results and finally with goal achievement. (Hornung)