Post-Disbursement Monitoring is a risk-monitoring concept used to identify stress, control weakness or portfolio-level concern. In risk and portfolio monitoring, it helps identify early warning signals, control gaps, borrower stress or conditions that need closer follow-up. The assessment should connect the signal to a clear action such as additional verification, tighter covenants, lower exposure, pricing change or enhanced monitoring. For example, after disbursement, the lender may track stock statements, GST filings, insurance validity, repayment conduct and covenant compliance. It matters because risk indicators are useful only when they trigger timely review, mitigation, documentation and follow-up action. The common caution is to avoid mechanical scoring; the reason, trend, source data and proposed mitigant should be recorded clearly.