Page 63 - NSF Tech Indicator

NATIONAL SKILLS FUND | Technical Indicator Descriptions
BUDGET SUB-PROGRAMME 1.1: EDUCATION AND TRAINING
PROGRAMME PERFORMANCE INDICATOR 7 (ACTIVITY-BASED)
Indicator title
Number of workers funded by the NSF for worker education.
Method of calculation
Formula:
Skills development initiatives
Number of workers funded by the NSF for worker education
A
xxx
B
xxx
C
xxx
Etc.
xxx
TOTAL:
XXX
Data limitations
The accuracy, completeness and validity of the indicator depend on the accuracy, completeness and validity of the worker data reported in the worker education project reports. Only projects that are identified as worker education skills development initiatives will be reported on.
Type of indicator
Activity
Calculation type
Cumulative 5-year target: Cumulative number of workers funded by the NSF for worker education over the 5-year strategic period. Workers funded for worker education over more than one year will only be counted once.
Annual target: Number of workers funded by the NSF for worker education within the year. Workers funded for worker education over more than one quarter in the year will only be counted once.
Quarterly target: Cumulative number of workers funded by the NSF for worker education for the year-to-date (end of quarter). Learners funded for worker education over more than one quarter in the year will only be counted once.
Reporting cycle
Quarterly, annually and for the 5-year strategic period.
New indicator
No
Desired performance
The NSF desires to achieve the number of workers as outlined in the strategic plan and annual performance plan.
Indicator responsibility
Joint responsibility between:
i) Chief Director: Strategy, Performance and Innovation ii) Chief Director: Skills Development Implementation
Key support responsibility: i) Chief Financial Officer
ii) Director: Legal, Governance, Risk and Compliance
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