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NATIONAL SKILLS FUND | Technical Indicator Descriptions
BUDGET SUB-PROGRAMME 1.2: PSET SYSTEM DEVELOPMENT AND CAPACITY BUILDING
PROGRAMME PERFORMANCE INDICATOR 8 (ACTIVITY-BASED)
Indicator title
Percentage of NSF-funded projects aimed at expanding, integrating and improving the effectiveness of the PSET system with a clear business plan and budget breakdown (excluding skills infrastructure development projects).
Method of calculation
Formula:
Percentage of NSF-funded projects aimed at expanding, integrating and improving the effectiveness of the PSET system (excluding skills infrastructure development) with a clear business plan and budget breakdown (%)
=
Number of projects aimed at expanding, improving effectiveness and integrating the PSET system (excluding skills infrastructure development) with a clear business plan and budget breakdown / Total number of projects aimed at expanding, improving effectiveness and integrating the PSET system (excluding skills infrastructure development) *100
Skills development project
Clear business plan and budget breakdown
A
YES
B
YES
C
YES
Etc.
YES
Number of projects that have a clear business plan and budget breakdown
A = Count all projects with a clear business plan and budget
Total number of projects*
B = Count all projects
Percentage of projects* with a clear business plan and budget breakdown
A / B * 100
* Only projects funded by the NSF for the period under review will be included in the measurement of this performance indicator.
Data limitations
The accuracy, completeness and validity of the indicator depend on the accuracy, completeness and validity of the source documents (approved business plan and budget breakdown).
Type of indicator
Activity
Calculation type
Cumulative 5-year target, annual target and quarterly target: A 100% performance is required throughout each of the respective periods.
Reporting cycle
Quarterly, annually and for the 5-year strategic period.
New indicator
No
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