Monitoring and Evaluation
Monitoring and Evaluation: Monitoring refers to an ongoing process of assessing whether the process of planning and implementation is proceeding on target; evaluation, usually done at the end of a specified phase or at the end of the project/process, is an assessment of whether the various goals and objectives have been met. (home.graffiti.net/rustom/kv/nbsap_/key_terms.doc)
Evaluation is systematic determination of merit, worth, and significance of something or someone using criteria against a set of standards. Evaluation often is used to characterize and appraise subjects of interest in a wide range of human enterprises. Wikipedia.