Principle 1 Involve stakeholders
Principle 2 Understand what changes
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EVALUATION METHODOLOGY
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Principle 3 Value the things that matter
Principle 4 Only include what is material
INVOLVE STAKEHOLDERS
Principle 5 Do not overclaim
Principle 6 Be transparent
In addition to the SVQM themes, the evaluation is based on Social Return on Investment (SROI) and Local Multiplier (LM) principles. These were chosen as the most appropriate methodologies to monetise the impact of the programmes and convert them into value. SROI being measured through the eight key principles of social value.
Principle 7 Verify the result
Principle 8 Be responsive
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