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
2
Q
Why impact measurement is important (external perspective)
A
- Enhance fundraising chances
- Reporting towards existing investors
- Marketing and PR
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)
4
Q
PHINEO Impact Ladder (7 steps)
A
- services and activities are realised as planned, on time and in budget
- beneficiaries that should be addressed have been reached, and are aware of the services, activities etc.
- beneficiaries reached accept the services and actives and are satisfied with them
- beneficiaries have gained new knowledge or skills, have changed their attitude, opinion etc.
- behaviour of the beneficiaries has been changed
- personal circumstances of the beneficiaries have changed
- changes in the entire organisation, region, society et.c
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
6
Q
Four stages of impact-oriented project management
A
- Strategy and planning
- Implementation
- Impact analysis
- Prove and improve
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