Page 88 - NSF Tech Indicator

NATIONAL SKILLS FUND | Technical Indicator Descriptions
BUDGET SUB-PROGRAMME 1.4: SKILLS DEVELOPMENT RESEARCH, INNOVATION AND ADVOCACY
PROGRAMME PERFORMANCE INDICATOR 12 (ACTIVITY-BASED)
Indicator title
Percentage of NSF-funded skills development research, innovation and advocacy projects with a clear business plan and budget breakdown.
Source / collection of data
Source documents:
An approved business plan per each project, clearly indicating the following:
i) Resources required (inputs), captured in the form of project budget, and further broken down into relevant timeframes. Each project budget must be evaluated for value for money, with a report outlining the evaluation and a conclusion on whether the project budget is value for money;
ii) Activities to be performed, captured in the form of a project plan;
iii) Outputs to be delivered within agreed-upon timeframes, as well as overall for the project; and
iv) Outcome to be achieved with each project.
Collection of data: The percentage of NSF-funded skills development research, innovation and advocacy projects with a clear business plan and budget breakdown will be determined from the number of skills development research, innovation and advocacy projects.
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