Page 34 - NSF Tech Indicator

NATIONAL SKILLS FUND | Technical Indicator Descriptions
STRATEGIC OBJECTIVE 6: AN EXPANDED, EFFECTIVE AND INTEGRATED PSET SYSTEM
STRATEGIC OBJECTIVE PERFORMANCE INDICATOR 6 (OUTPUT-BASED)
Indicator title
Percentage of priority projects aimed at expanding, integrating and improving the effec- tiveness of the PSET system (excluding skills infrastructure development) that have success- fully achieved most of the envisaged outputs.
Method of calculation
Formula:
Percentage of priority projects aimed at expanding, integrating and improving the effectiveness of the PSET system (excluding skills infrastructure development) that have successfully achieved most of the envisaged outputs (%)
=
Number of projects aimed at expanding, improving the effectiveness and integrating the PSET system (excluding skills infrastructure development) that successfully achieved the most of the envisaged outputs / Total number of projects aimed at expanding, improving the effectiveness and integrating the PSET system (excluding skills infrastructure development) that successfully achieved the envisaged outputs *100
Skills development project
Number of outputs as per project plan
Number
of outputs successfully achieved as per final close- out report
Percentage of outputs successfully achieved
If more than 50%, then regarded as successful achievement
A
X
Y
Z = Y /X * 100
If Z > 50%, then “successful”, else “unsuccessful”
B
X
Y
Z = Y /X * 100
If Z > 50%, then “successful”, else “unsuccessful”
C
X
Y
Z = Y /X * 100
If Z > 50%, then “successful”, else “unsuccessful”
Etc.
X
Y
Z = Y /X * 100
If Z > 50%, then “successful”, else “unsuccessful”
Number of projects* that achieved most of the outputs
A = all “successful” projects added together
Total number of projects*
B = count all projects
Percentage of projects* that achieved most of the envisaged outputs
A / B * 100
*Projects only include projects that have been completed within the first 4 years of the strategic period.
31