The Portfolio Review found that social funds projects that respond to emergency situations through the rapid creation of employment oppor- tunities are likely to achieve their objectives. The design of such social funds projects reflects their emergency nature well. The Portfolio Re- view did not, therefore, dwell on this cohort of social funds projects. With respect to social funds projects with longer term objectives, the Portfolio Review asked questions such as: Is the school still running, complete with teachers and textbooks, one year after the building was constructed? Is it truly the community that is demanding the subproject, or is some other entity biasing community demand? Does community demand adequately.