M vs E Answers

Usually done internally x 
Infrequent and undertaken at a specific point in time.   x
Relatively low cost but still needs to be budgeted for x 
Offers an in-depth assessment  x
Usually qualitiative x 
Ensures that the project is accountable to funders  x
Forms an essential part of good day to day management x 
Focuses on tracking performance x 
Focuses on what has happened  x
Provides insights needed by external funders  x