The document discusses key concepts in monitoring and evaluation including the results chain, logical framework analysis, and balanced scorecard. It provides an overview of each concept and how they are applied in project management. The results chain shows the causal link between inputs, activities, outputs, outcomes and impacts. The logical framework analysis involves 5 steps - situation analysis, problem analysis, objective analysis, alternative analysis, and risk/assumption analysis. It is used to design projects. The balanced scorecard is a strategic management tool that monitors performance across financial, customer, internal processes, and learning/growth perspectives.