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NATIONAL SKILLS FUND | Technical Indicator Descriptions
Strategic goal performance indicator 2: Percentage of projects aimed at expanding, improving effectiveness and integrating the PSET system that has successfully achieved the envisaged outcomes per project.
STRATEGIC GOAL 1: OUTCOME-BASED PERFORMANCE INDICATOR 2
Indicator title
Percentage of projects aimed at expanding, improving effectiveness and integrating the PSET system that has successfully achieved most of the envisaged outcomes per project.
Short definition
Percentage of projects aimed at expanding, improving effectiveness of and integrating the PSET system that has successfully achieved most of the envisaged outcomes per project.
“Most of” means more than 50% of the envisaged outcomes.
“Projects” will only include completed projects that have been evaluated.
Purpose / importance
The purpose of this outcome target and performance indicator is to measure the outcome of the NSF’s investment in expanding, improving effectiveness and integrating the PSET system. The outcome of the NSF’s investment in expanding, integrating and improving effectiveness of the PSET system, will be impacted by the success of the portfolio of projects, specifically aimed at expanding, integrating and improving the effectiveness of the PSET system. Individual project achievements of specific envisaged outcomes will be evaluated to determine the overall collective achievement of the portfolio of projects aimed at expanding, improving effectiveness and integrating the PSET system.
Source / collection of data
Source documents: Evaluation reports outlining the outcome results of each project after the project has been completed.
Collection of data: The information will be collated from evaluation reports outlining the outcome results of each project.
Method of calculation
Formula:
Percentage of projects aimed at expanding, improving effectiveness and integrating the PSET system that has successfully achieved most of the envisaged outcomes per project (%) = Number of projects aimed at expanding, improving effectiveness and integrating the PSET system that successfully achieved most of the envisaged outcomes / Total number of projects aimed at expanding, improving effectiveness and integrating the PSET *100
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