Beneficiaries (“users: SMEs and families”) A widely used acronym to summarize main characteristics of a good indicator is “SMART”, meaning: Specific and Simple. Indicators must be based on available data easy to gather. Measurable. Results must be equal regardless of who measures and when. Achievable. They should be possible to attain within a reasonable deadline. Relevant and Realistic. They must be related to what they pretend to measure. Time-bound. Data shall be obtained within a reasonable time frame. Source of verification. Every indicator must be accompanied by its corresponding source of verification as they are used to check the degree of achievement of the indicator. Most common sources are: registers, surveys, counts, reports, statistics, certificates, and minutes, among others. Assumptions (Hypothesis/External Factors). Situations, events and decisions that are important for the accomplishment of the activity-result-objective logic, but are outside of the direct control of the project. There is a level of uncertainty about its accomplishment. Pre-conditions. They are a kind of assumptions whose importance is so relevance to the project's success and continuity of its effects that they have to be guaranteed before the beginning of the implementation phase. Besides, there are other important tools that make the logics of the matrix operational and are essential to write the project document and later on the operation plan. They are mainly focused on the concretization of the activities. These tools, and the question they answer to, are the following ones: Activities’ Timeline. Answering the question: When the activities will be implemented? Allocation of specific responsibilities for the Implementation phase. Answering the question: Who will implement the activities? Budget estimations that includes the resources and their costs for the implementation of activities. Answering the questions: What will the activities do with the budget? How much will the activities cost? Viability (in 7 fields). Answering the question: What possibilities of perdurability does the project have? It includes reflections about the potential sustainability, risks and impact of the project in seven agreed fields (support policy, Institutional and management capacity, gender approach, socio-cultural aspects, economic-financial, environmental and technological factors). These terms are defined in the “Glossary” of this Guide. Specific technical designs for activities, if needed. Answering the question: What do the activities specifically involve?
Beneficiaries (“users: SMEs and families”) A widely used acronym to summarize main characteristics of a good indicator is “SMART”, meaning: Specific and Simple. Indicators must be based on available data easy to gather. Measurable. Results must be equal regardless of who measures and when. Achievable. They should be possible to attain within a reasonable deadline. Relevant and Realistic. They must be related to what they pretend to measure. Time-bound. Data shall be obtained within a reasonable time frame. Source of verification. Every indicator must be accompanied by its corresponding source of verification as they are used to check the degree of achievement of the indicator. Most common sources are: registers, surveys, counts, reports, statistics, certificates, and minutes, among others. Assumptions (Hypothesis/External Factors). Situations, events and decisions that are important for the accomplishment of the activity-result-objective logic, but are outside of the direct control of the project. There is a level of uncertainty about its accomplishment. Pre-conditions. They are a kind of assumptions whose importance is so relevance to the project's success and continuity of its effects that they have to be guaranteed before the beginning of the implementation phase. Besides, there are other important tools that make the logics of the matrix operational and are essential to write the project document and later on the operation plan. They are mainly focused on the concretization of the activities. These tools, and the question they answer to, are the following ones: Activities’ Timeline. Answering the question: When the activities will be implemented? Allocation of specific responsibilities for the Implementation phase. Answering the question: Who will implement the activities? Budget estimations that includes the resources and their costs for the implementation of activities. Answering the questions: What will the activities do with the budget? How much will the activities cost? Viability (in 7 fields). Answering the question: What possibilities of perdurability does the project have? It includes reflections about the potential sustainability, risks and impact of the project in seven agreed fields (support policy, Institutional and management capacity, gender approach, socio-cultural aspects, economic-financial, environmental and technological factors). These terms are defined in the “Glossary” of this Guide. Specific technical designs for activities, if needed. Answering the question: What do the activities specifically involve?
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