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NATIONAL SKILLS FUND | Technical Indicator Descriptions
STRATEGIC OBJECTIVE 7: SKILLS INFRASTRUCTURE DEVELOPMENT
STRATEGIC OBJECTIVE PERFORMANCE INDICATOR 7 (OUTPUT-BASED)
Indicator title
Percentage of priority projects aimed at expanding, integrating and improving the effectiveness of the PSET system through skills infrastructure development that have successfully 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 through skills infrastructure development that have successfully achieved the most of the envisaged outputs (%)
=
Number of projects aimed at expanding, improving the effectiveness and integrating the PSET system through skills infrastructure development that successfully achieved most of the envisaged outputs / Total number of projects aimed at expanding, improving the effectiveness and integrating the PSET system through skills infrastructure development
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 envis- aged outputs
A / B * 100
* Projects only include projects that have been completed within the first 4 years of the strategic period.
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