The World Bank Report No: ISR6169 Implementation Status & Results Montenegro Higher Education Research for Innovation and Competitiveness Project (P122785) Public Disclosure Copy Operation Name: Higher Education Research for Innovation and Project Stage: Implementation Seq.No: 1 Status: ARCHIVED Archive Date: 28-May-2012 Competitiveness Project (P122785) Country: Montenegro Approval FY: 2012 Product Line: IBRD/IDA Region: EUROPE AND CENTRAL ASIA Lending Instrument: Specific Investment Loan Implementing Agency(ies): Ministry of Science Key Dates Board Approval Date 24-Jan-2012 Original Closing Date 30-Mar-2017 Planned Mid Term Review Date 08-Jun-2015 Last Archived ISR Date Effectiveness Date Revised Closing Date 30-Mar-2017 Actual Mid Term Review Date Project Development Objectives Project Development Objective (from Project Appraisal Document) The Project development objective is to strengthen the quality and relevance of higher education and research in Montenegro through reforming the higher education finance and quality assurance systems and by strengthening research and development capabilities. Has the Project Development Objective been changed since Board Approval of the Project? Yes No Component(s) Component Name Component Cost Higher Education Finance Reforms and Implementation of Quality Assurance Norms 3.73 Human Capital Development through Internationalization Initiatives 2.81 Establishing a Competitive Research Environment 7.94 Project Management and Monitoring and Evaluation 1.26 Public Disclosure Copy Overall Ratings Previous Rating Current Rating Progress towards achievement of PDO Satisfactory Overall Implementation Progress (IP) Satisfactory Overall Risk Rating Moderate Implementation Status Overview The Loan Agreement between Montenegro and The World Bank was signed on 22 February 2012. The deadline for meeting the effectiveness conditions of the Loan Agreement is 22 May 2012. Page 1 of 4 The World Bank Report No: ISR6169 Locations Country First Administrative Division Location Planned Actual Montenegro Opstina Podgorica Podgorica ✔ Public Disclosure Copy Results Project Development Objective Indicators Indicator Name Core Unit of Measure Baseline Current End Target Complete external evaluation of 3 main Text Value 0 0 3 universities, utilizing new quality assurance and Date 20-Dec-2011 07-May-2012 30-Mar-2017 accreditation measures developed in Comments accordance with Bologna-defined EU norms and practices. Increase in the perception of relevance of Percentage Value 0.00 0.00 20.00 higher education programs and degrees Date 20-Dec-2011 07-May-2012 30-Mar-2017 Comments Establish one pilot Center of Excellence Number Value 0.00 0.00 1.00 Date 20-Dec-2011 07-May-2012 30-Mar-2017 Comments Establish 10 public/private or international R&D Number Value 0.00 0.00 10.00 partnerships and/or business start-ups with Date 20-Dec-2011 07-May-2012 30-Mar-2017 research institutes or university faculties. Comments Intermediate Results Indicators Indicator Name Core Unit of Measure Baseline Current End Target Development of framework for future CoE. Text Value Framework for future CoE not Framework for future CoE not Framework for future CoE developed developed developed Public Disclosure Copy Date 20-Dec-2011 07-May-2012 30-Mar-2017 Comments Increase in the number of Montenegrin Number Value 200.00 200.00 235.00 researchers who participate in international Date 20-Dec-2011 07-May-2012 30-Mar-2017 R&D projects. Comments Number of research and development Number Value 0.00 0.00 12.00 subprojects implemented. Date 20-Dec-2011 07-May-2012 30-Mar-2017 Comments Page 2 of 4 The World Bank Report No: ISR6169 Number of students receiving scholarships for Number Value 0.00 0.00 60.00 master's, doctoral and postdoctoral studies Date 20-Dec-2011 07-May-2012 30-Mar-2017 abroad. Comments Public Disclosure Copy 4. Establishment of an Office within the MoES Text Value Not established Not established Office Established to coordinate bilateral and multilateral Date 20-Dec-2011 07-May-2012 30-Mar-2017 agreement programs available to Montenegrin Comments students and academic staff. Number of grants awarded to faculties, Number Value 0.00 0.00 20.00 programs, and institutions. Date 20-Dec-2011 07-May-2012 30-Mar-2017 Comments National Qualifications Framework developed Text Value Baseline competencies not Baseline competencies not Baseline competencies and adopted. developed for any program devleoped for any program developed and adopted for 180 programs Date 20-Dec-2011 07-May-2012 30-Mar-2017 Comments Implementation of new higher education Text Value Funding model not developed Funding model not developed New funding model funding model. implemented Date 20-Dec-2011 07-May-2012 30-Mar-2017 Comments Data on Financial Performance (as of 24-Feb-2012) Financial Agreement(s) Key Dates Project Loan No. Status Approval Date Signing Date Effectiveness Date Original Closing Date Revised Closing Date P122785 IBRD-81180 Not Effective 24-Jan-2012 22-Feb-2012 30-Mar-2017 30-Mar-2017 Disbursements (in Millions) Project Loan No. Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P122785 IBRD-81180 Not Effective USD 15.98 15.98 0.00 0.00 15.98 0.00 Public Disclosure Copy Disbursement Graph Page 3 of 4 The World Bank Report No: ISR6169 Public Disclosure Copy Key Decisions Regarding Implementation None. Restructuring History There has been no restructuring to date. Related Projects There are no related projects. Public Disclosure Copy Page 4 of 4