Lecture 8 Flashcards

1
Q

Why impact measurement is important (internal perspective)

A
  • Clarity about own logic model
  • Strategy and monitoring tool
  • Organisational development
  • Improvement of services
  • Effective allocation of resources
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2
Q

Why impact measurement is important (external perspective)

A
  • Enhance fundraising chances
  • Reporting towards existing investors
  • Marketing and PR
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3
Q

IOOI logic model consist of…

A

Inputs (resources), Outputs (offers), Outcomes (impact on the level of the beneficiaries), Impact (impact on a societal level)

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4
Q

PHINEO Impact Ladder (7 steps)

A
  1. services and activities are realised as planned, on time and in budget
  2. beneficiaries that should be addressed have been reached, and are aware of the services, activities etc.
  3. beneficiaries reached accept the services and actives and are satisfied with them
  4. beneficiaries have gained new knowledge or skills, have changed their attitude, opinion etc.
  5. behaviour of the beneficiaries has been changed
  6. personal circumstances of the beneficiaries have changed
  7. changes in the entire organisation, region, society et.c
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5
Q

Features of randomised control trials (RCT)

A
  • People participating in a trial are randomly allocated to the group who receives a treatment or the group receiving no treatment (or standard treatment)
  • It is considered the gold trial for a clinical trial
  • However, it can also be used to assess the impact of other interventions such as pedagogical programs, development aid programmes or other social programs
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6
Q

Four stages of impact-oriented project management

A
  1. Strategy and planning
  2. Implementation
  3. Impact analysis
  4. Prove and improve
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7
Q

Social impact bond (SIB) is…

A
  • Payment-by-results mechanism to fund public services
  • Used to fund interventions which address the unmet needs of vulnerable groups of our society
  • A financial mechanism in which investors pay for a set of interventions to improve a social outcome that is of financial interest to the government commissioner
  • If the social outcome improves, the government commissioner repays the investors for their initial investment plus a return for the financial risks they took. If the social outcomes do not improve above an agreed threshold, the investors lose their investment
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