Ensure the efficiency of MCC investments. The ex-ante cost-benefit analysis of this Activity estimated that costs exceeded benefits, and the evaluation supported this expectation, finding relatively small impacts on time saving and no impacts on water-borne illness. These analyses suggest that there were likely more efficient uses for MCC’s funding. Adhering to MCC’s recently-adopted investment criteria should help ensure the efficiency of MCC investments going forward. In addition, during project design, teams can use early economic analysis to establish a cap for the cost of a project given the benefits that can be expected and work to ensure the project investment does not exceed that cost ceiling without a commensurate increase in expected benefits.
Lesson Learned