Key objectives of funding the
project will be based on grants, non-governmental organizations and social
welfare clubs that would want to impact a meaning to the lives of Africans. A
grant is a great way to get a project off the ground and is possibly the best
source of funding available. There is no interest to be paid and funds are
generally non-returnable (except in exceptional circumstances, where grant
terms and conditions are not met). Grants are often referred to as ‘free
money’, but there are usually a number of strings attached; although they are
the hardest to obtain but with so much flexibilities. It is hard work
convincing the awarding body that you deserve such support, and a considerable
amount of effort and time is involved in making an application. Grants are
provided by a myriad of sources, and may come from central, regional and local government,
the European Commission, or various other national and local bodies such as
Regional Development Agencies, charities and community foundations.
The KPI provides the most important
information that enables a stakeholder to understand if the organization is on
track or not. The key performance index is based on four action plans;
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a. Act – Monitor, collect data,
progress report
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b. Plan –Customer need, determine
drives, define indicators
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C.
Check—Develop review, collect data,
Create improve plan
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D. Do—Find owners, store, prioritize
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The aim is the action taken at the
appropriate time which gives a satisfying success, it focus on the actions (aim
of the project), get value, get success, get momentum this will give you us a
path; while on the path we will collect data which needs to be analyzed this
ultimately create a process; with the progress part known, then we need to
understand our customer’s need. The end user of the services provided give an
insight to how the quality and quantity of service defers from, clients to
clients. The right drives or motivations need to be spelt out correctly so that
the focus is not let out of sight. A good KPI should have room for continuous
improvements on a daily basis this calls for a periodic check. The check
ensures that the process is up to date; conforming to requirements, with a
stated standard, reviewed quarterly and improvement added. By prioritizing, our
aim is to improve reporting externally and demonstrate compliance, monitor and
control by making sure that the project stated mission is in accordance with
the stated standard.
For every good
system there must be a method or means of measuring the project progress, the
KPI serves to reduce the complex nature of organizational performance, simple
homilies can easily be corrected to a small number of key indicators in order
to make performance more understandable and digestible for us. It is also a
good tool for monitoring people and their personal activities in the project.
These could be as performance assessment, performance indicator, performance
measurement, use of bench marks as against an expected outcome, added value to
customer and project teams and feedback.
Most
measurement tools comes with the need to show what is to be measured (from what
to what), they usually comprises of work force and management, which can be
calculated to meet the budget of the project, a level of improvement is
visible, a communicated statue, used to connect the customer to the process,
the use of bench mark to track progress, performance expectations which would
be measured on a quarterly basis and immediate action to save the situation
should in-case need be. The expectation of each team lead would be spelled out
correctly so that each party is aware and responsible for his/her team mates.
With this few key points in place the project will and effectively be control
and concluded.
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