There are three broad strategies for causal attribution in impact evaluations:

Terms in this set (62) What stage of the research design is the researcher dealing with when he or she is facing the question “from whom or what information would be gathered”? of analysis in terms of specific variables.

What can be said about the relationship between process evaluations and impact assessments? Process evaluations can be used to interpret results from an impact assessment.

1. estimating the counterfactual (i.e., what would have happened in the absence of the intervention, compared to the observed situation)
2. checking the consistency of evidence for the causal relationships made explicit in the theory of change.

The Oxford English dictionary gives two definitions of the word impact: ‘the action of one object coming forcibly into contact with another’ and ‘a marked effect or influence’. These alternate meanings describe fundamentally different views of causality and evoke very different images.

In 2017, the IMP brought together over 2000 organisations to define the 5 dimensions of impact – WHO, WHAT, HOW MUCH, CONTRIBUTION and RISK. Enterprises, investors and fund managers are beginning to apply the dimensions to better understand their impacts, as well as portfolio and individual investment performance.

Gathering input directly from the people who experience impact can help enterprises uncover which outcomes – positive or negative, intended or unintended – matter the most to those they affect. Based on these insights, enterprises can redirect resources towards improving high-priority outcomes.

Impact management is the creation of a series of plans and protocols aiming to manage and monitor the identified mitigation measures and risks that may occur over the project lifetime, such as technology failures and natural disasters.

What is Impact Measurement & Management? Impact measurement and management includes identifying and considering the positive and negative effects one’s business actions have on people and the planet, and then figuring out ways to mitigate the negative and maximize the positive in alignment with one’s goals.

IRIS+ provides the impact investment industry with a comprehensive suite of tools for impact. measurement, management, and optimization. New York, May 16, 2019 – The Global Impact Investing Network (GIIN) launches IRIS+, a comprehensive system for impact investors to measure, manage and optimize their impact.

IRIS metrics can also be selected to complement and sit alongside any proprietary impact metrics your organization tracks. Because IRIS is a catalog, you can choose as few or as many metrics as you deem necessary to describe the performance of your investees.

IRIS provides standard social, environmental, and financial performance indicators for defining, tracking, and reporting the performance of investment capital. The standards are aligned with best practices and widely-accepted reporting standards where they exist.

IRIS (Impact Reporting and Investment Standards) IRIS is a catalog of generally accepted metrics that measure social, environmental and financial performance in an effort to support transparency, credibility, and accountability in impact measurement practices.

In the IRIS scheme, KPIs are meant to measure the performance of the Processes. The KPIs usually are long-term considerations and may differ depending on the type of organization. The selected KPIs will need to: Reflect the organizational goals, 2. Be quantifiable (measurable), 3.

GIIRS Ratings are the gold standard for impact measurement in impact investing. They are rigorous, comprehensive, and comparable ratings of a company or a fund’s social and environmental impact. It measures the overall impact of a business on all of its stakeholders.

A Definition. Social impact measurement is a process and framework for measuring and attributing positive social change to an organization’s direct actions.

To receive a GIIRS Rating, a fund must have deployed at least 25% of their committed capital and have 75% of that committed capital go through the GIIRS rating process. Funds that have not yet had a first close or have not yet deployed 25% of their committed capital can receive a Fund-in-Formation GIIRS Impact Rating.

Assess the probability of each risk occurring, and assign it a rating. For example, you could use a scale of 1 to 10. Assign a score of 1 when a risk is extremely unlikely to occur, and use a score of 10 when the risk is extremely likely to occur. Estimate the impact on the project if the risk occurs.

We measure impact because it makes us better at delivering our core business offering. We measure impact because it brings more stakeholder voices to the table. We measure impact because it encourages us to stay true to who we are and why we exist. Defining our goals.