Page 78 - NSF Tech Indicator

NATIONAL SKILLS FUND | Technical Indicator Descriptions
BUDGET SUB-PROGRAMME 1.3: SKILLS INFRASTRUCTURE DEVELOPMENT
PROGRAMME PERFORMANCE INDICATOR 10 (ACTIVITY-BASED)
Indicator title
Percentage of NSF-funded skills infrastructure development projects with a clear business plan and budget breakdown.
Method of calculation
Formula:
Percentage of NSF-funded skills infrastructure development projects with a clear business plan and budget breakdown (%)
=
Number of skills infrastructure development projects with a clear business plan and budget breakdown / Total number of skills infrastructure development projects *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 busi- ness 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
Desired performance
The NSF desires to achieve the number of workers as outlined in the strategic plan and annual performance plan.
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