Page 22 - NSF Tech Indicator

NATIONAL SKILLS FUND | Technical Indicator Descriptions
STRATEGIC OBJECTIVE 3: IMPROVING THE SKILLS OF SMMEs AND CO-OPERATIVES
STRATEGIC OBJECTIVE PERFORMANCE INDICATOR 3.1 (OUTPUT-BASED)
Indicator title
Number of SMMEs and co-operatives that benefitted from NSF-funded skills development initiatives over the 5-year strategic period.
Method of calculation
Formula:
Skills development initiatives
Number of SMMEs and co-operatives that benefitted from NSF-funded skills development initiatives
A
XXX
B
xxx
C
xxx
Etc.
xxx
Total: Year 1 of current strategic period (A + B + C + Etc.)
XXX
Total: Year 2 of current strategic period (Calculated the same as above)
XXX
Total: Year 3 of current strategic period (Calculated the same as above)
XXX
Total: Year 4 of current strategic period (Calculated the same as above)
XXX
Total: Year 5 of current strategic period (Calculated the same as above)
XXX
Total for 5-year strategic period (Years 1 to 5 added together)
XXXXX
Data limitations
The accuracy, completeness and validity of the indicator depend on the accuracy, completeness and validity of learner data reported in project reports.
Type of indicator
Output
Calculation type
Cumulative 5-year target: Cumulative number of SMMEs and co-operatives that benefitted from NSF-funded skills development initiative over the 5-year strategic period.
Annual target: Number of SMMEs and co-operatives that benefitted from NSF-funded skills development initiative within the year.
Reporting cycle
Annual
New indicator
No
Desired performance
The NSF desires to achieve the number of SMMEs and co-operatives as outlined in the strategic plan and annual performance plan.
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