Results-Based Management Sample Clauses
Results-Based Management is a management strategy that focuses on achieving specified outputs and results, on measuring performance, learning and adapting to changing conditions, as well as on reporting on the achieved results. Project budget – the budget, which forms part of the Project Contract and which classifies the planned expenditures into budget (expenditure) items related to the project activities.
Results-Based Management. In the drafting of the HEP project proposals, the following guidelines will be followed: Each project is designed and implemented within a project-specific results framework, which is linked to the programme-level results matrix (above). However, the results framework of the project should focus on the selected themes and approaches (within the limits defined at programme level). All projects are required to set relevant result indicators for each outcome to be produced during the project implementation phase. In addition, the projects are expected to monitor the four programme-level indicators. The main tool for results-based management is the results framework. Materials related to the RBM approach in the Higher Education Partnership (HEP) programme are available on the EDUFI website. More information on the RBM approach can be found in the administrative handbook. RBM practices in Finnish development cooperation are available in the publication: Results Based Management. Best practices for designing the results framework In the project preparation, the participating HEIs are advised to consult the programme’s overall results framework, which contains the impact and the outcome statement for the programme, towards which each HEP project is expected to contribute. Results Framework - For an individual HEP project, the results chain should show the internal logic of the intervention from inputs to outputs and outcomes and finally, to the long-term impact. - The results framework presents the above results and forms the basis for the monitoring and reporting of the intervention. In the results development work the following principles apply: - Base project result objectives on the partner countries’ national priorities and development needs - Define results and results targets jointly with your partner. - Specific results targets and related indicators should be defined at the impact, outcome, and output level. - Ensure that the indicators are aligned with the overall programme indicators and that they are Specific, Measurable, Attributable, Relevant and Time-bound (SMART). Consider in advance, how the data can be collected and who are responsible for this work. - Set clear results targets at the outcome level and analyse how the project specific outcome contributes to the overall outcome expected impact of the programme. - Define assumptions i.e., external factors which influence the performance of the project but which the project cannot influence at diff...