Concurrent Monitoring of CSR Activities In India
What Is Concurrent Monitoring of CSR Activities? Concurrent monitoring — also called program monitoring — is the periodic review of a CSR project's activities while the project is still being implemented. Rather than checking on an NGO only once at the start, before the grant is disbursed, or once at the end, after the project closes, concurrent monitoring sits in between: it is the ongoing, real-time check on how a funded project is actually progressing on the ground. In practical terms, it means a company, or its CSR consulting firm , periodically reviews the implementing NGO's activity reports, financial documentation, and progress against agreed targets — and steps in early if something is off track, rather than discovering the problem only when the project is nearly over. How Concurrent Monitoring Differs from Pre-Grant Due Diligence This is where many CSR teams get confused, since both processes involve “checking” the NGO. The real difference is timing and purpose. Pre-...