SOCIAL RETURN ON INVESTMENT (SROI) AND IMPACT ASSESSMENT IN NGOS

Overview
We provide a two-day step-by-step introduction to Social Return on Investment (SROI) and can
arrange accreditation for practitioners

Standard Approved Course Contents originally sponsored by the Scottish Government

  • PRIMARY PURPOSE
  • SUMMARY
  • POTENTIAL BENEFITS
  • CHALLENGES USING THE SYSTEM
  • WHO CAN USE THE TOOL?
  • WHAT RESOURCES ARE NEEDED?
  • DEVELOPMENT, OWNERSHIP AND SUPPORT
  • THIRD SECTOR EXAMPLES
  • FURTHER SOURCES OF INFORMATION

Primary Purpose

Social Return on Investment (SROI) is an outcomes-based measurement system that helps organisations to understand and quantify the social, environmental and economic value they are creating.

Developed from traditional cost-benefit analysis and social accounting, SROI is a participative approach that is able to capture in monetised form the value of a wide range of outcomes, whether these already have a financial value or not.  An SROI analysis produces a narrative of
how an organisation creates and destroys value in the course of making change in the world, and a ratio that states how much social value (in ₦) is created for every ₦1 of investment.

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Monitoring and Evaluation Training Programme for Practitioners

About this course:    

This programme is designed for individuals who are actively involved in the Monitoring and Evaluation process of those who intend to be in the near future but have basic knowledge of project implementation either through training or work exposure.

The course examines a plethora of tools and techniques available to a practitioner. A number of case studies will be discussed, and delegates will be expected to complete a project assignment during the course. The course includes a series of interactive discussions, activities, assignments and quizzes as part of the learning process.

Duration: 3 days

Course objectives:  
  • To develop a basic understanding of project management
  • To develop skills required for creating a Business Case to support monitoring and evaluation
  • To develop techniques required for effective requirements gathering
  • To develop outcome maps which lead to sustainable impacts
  • To develop effective leadership skills required within monitoring and evaluation projects
  • To develop awareness of how to understand and manage monitoring and evaluation stakeholders.                                                   
Course outline:

Understanding influences on monitoring and evaluation strategy

A consideration of internal and external influences which drive the project definition and the approach taken towards monitoring and evaluation projects.

Developing a Business Case to support monitoring and evaluation

An in depth consideration as to what should be included in a business case to get approval for monitoring and evaluation projects. Financial and nonfinancial elements are considered. Since many of the benefits identified may be intangible, consideration is given as to how this can be effectively presented in a manner that is appealing to the Project Sponsor.

Developing a stakeholder management and communication strategy

This session addresses the challenge of understanding and managing the needs and expectations of multiple stakeholders. Consideration is given to methods of identifying and analysing the stakeholders before determining the most appropriate way of managing and communicating with them throughout the monitoring and evaluation lifecycle

Effective requirements gathering for monitoring and evaluation

A consideration of the various techniques available to elicit requirements together with the attributes of a good requirement. Further consideration will be given as to how to manage requirements and ensure requirements are traceable.

Determining Critical Success Factors and Key Performance Indicators

The second day of the course includes an evaluation as to what is meant by Critical Success Factors and Key Performance Indicators, how these relate to organisation and local objectives and how to ensure a balanced range of measures is achieved.

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How Can We Help You?

Contact us at the INSCR office nearest to you or submit a  inquiry online.