SEE L5_2023_CVS_Student version Flashcards

1
Q

Social return on investment consists of?

A

Social accounting + Cost-benefit analysis

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2
Q

What is the first step of SROI?

A

Indentify scope, long-term goals, stakeholders.

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3
Q

What is step 2 of SROI?

A

Determining inputs:
- Market value: applied for nonmonetary items (donated furniture)
- Replacement costs: Based on average wage rate for similar tasks/skill level (volunteer labor)

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4
Q

What is step 3 of SROI?

A

Understanding changes for key stakeholder groups

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5
Q

What is step 4 of SROI?

A

Calculating SROI

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6
Q

What is an important con of SROI?

A

That there’s no evidence of financial performance

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7
Q

What are the steps to develop ToC?

A

1) Set the ultimate goal
2) Analyze & identify the problems
3) Identify what is needed to happen
4) Establish key assumptions
5) Identify key partners & actors

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8
Q

What is the logic model?

A

A graphic illustration of the relationship between resources, activities, and their intended effects

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9
Q

What is the difference between logic model and the ToC?

A

ToC: Is an explanation of your mission’s logic “how” change happens
Logic model: Descriptive model to show “what” you plan to do

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10
Q

Give an example of ToC and Logic model in practice.

A

ToC: “Women will be empowered if they are vocal,
know their rights, get educated, and the
institutions support gender equality.”

Logic model: “If we recruit qualified trainers, they will deliver training programs on job market skills, the result will be that women will obtain employable skills”

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