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NATIONAL SKILLS FUND | Technical Indicator Descriptions
BUDGET SUB-PROGRAMME 1.2: PSET SYSTEM DEVELOPMENT AND CAPACITY BUILDING
PROGRAMME PERFORMANCE INDICATOR 9 (ACTIVITY-BASED)
Indicator title
Percentage of NSF-funded projects aimed at expanding, integrating and improving the effectiveness of the PSET system where the actual project expenditure to date is in line with the actual project outputs / actual required activities to date.
Skills development project
Estimated expenditure based on actual project outputs / activities to date
Actual expenditure to date
Actual expenditure in line with project deliverables to date
(f actual expenditure to date
is within a 15% margin of the estimated expenditure based on actual project outputs / activities to date, then it is regarded as in line)
A
X
Y
If X and Y is 15% margin, then yes, else no
B
X
Y
If X and Y is 15% margin, then yes, else no
C
X
Y
If X and Y is 15% margin, then yes, else no
Etc.
X
Y
If X and Y is 15% margin, then yes, else no
Number
of projects where actual expenditure
to date is line with the actual performance to date
A = Count all projects where actual expenditure to date is line with the actual performance to date
Total number of projects*
B = Count all projects
Percentage
of projects* where actual expenditure
to date is line with the actual performance to date
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, complete- ness and validity of the information collated from the latest project monitoring reports available as at each reporting period.
Type of indicator
Activity
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