Impact Assessment
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Impact Assessment
Policy impact assessments, or simply impact assessments (IAs), are formal, evidence-based procedures that assess prospective economic, social, and environmental effects of a public policy proposal. They have been incorporated into policy making in the OECD countries and the European Commission. If the assessment is favourable, and the proposed policy is enacted—after a suitable length of time for the policy to gain traction—it might be followed by an impact evaluation; ideally, assessed impacts before the fact and evaluated impacts after the fact are not wildly divergent. In some cases, impact becomes politicized due to a change in the governing regime between assessment and evaluation, and non-congruence might be amplified for ideological reasons. In other cases, the world is a complex place, and assessment is not a perfect art. Key types of impact assessments include global assessments (global level), policy impact assessment (policy level), strategic environmental assessmen ...
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Public Policy
Public policy is an institutionalized proposal or a Group decision-making, decided set of elements like laws, regulations, guidelines, and actions to Problem solving, solve or address relevant and problematic social issues, guided by a conception and often implemented by programs. These policies govern and include various aspects of life such as education, health care, employment, finance, economics, transportation, and all over elements of society. The implementation of public policy is known as public administration. Public policy can be considered the sum of a government's direct and indirect activities and has been conceptualized in a variety of ways. They are created and/or enacted on behalf of the public, typically by a government. Sometimes they are made by Non-state actors or are made in Co-production (public services), co-production with communities or citizens, which can include potential experts, scientists, engineers and stakeholders or scientific data, or sometimes u ...
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Monitoring And Evaluation
Monitoring and Evaluation (M&E) is a combined term for the processes set up by organizations such as companies, government agencies, international organisations and NGOs, with the goal of improving their management of outputs, outcomes and impact. Monitoring includes the continuous assessment of programmes based on early detailed information on the progress or delay of the ongoing assessed activities.United Nations development programme evaluation office - Handbook on Monitoring and Evaluating for Results. http://web.undp.org/evaluation/documents/handbook/me-handbook.pdf Evaluation involves the examination of the relevance, effectiveness, efficiency and impact of activities in the light of specified objectives. Monitoring and evaluation processes can be managed by the donors financing the assessed activities, by an independent branch of the implementing organization, by the project managers or implementing team themselves and/or by a private company. The credibility and objectivity ...
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Impact Assessment
Policy impact assessments, or simply impact assessments (IAs), are formal, evidence-based procedures that assess prospective economic, social, and environmental effects of a public policy proposal. They have been incorporated into policy making in the OECD countries and the European Commission. If the assessment is favourable, and the proposed policy is enacted—after a suitable length of time for the policy to gain traction—it might be followed by an impact evaluation; ideally, assessed impacts before the fact and evaluated impacts after the fact are not wildly divergent. In some cases, impact becomes politicized due to a change in the governing regime between assessment and evaluation, and non-congruence might be amplified for ideological reasons. In other cases, the world is a complex place, and assessment is not a perfect art. Key types of impact assessments include global assessments (global level), policy impact assessment (policy level), strategic environmental assessmen ...
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True Cost Accounting
True Cost Accounting (TCA) is an accounting approach that measures and values the hidden impacts of economic activities on the Natural environment, environment, society and health. TCA is also referred to as full cost accounting (FCA) or “multiple capital accounting (MCA)”. The approach moves beyond purely economic thinking with the aim of improving decision-making in commercial organizations and in public policy. It includes accounting for natural capital, human capital, social capital and produced capital. The True Cost Accounting approach can be applied to every sector of the economy. It aims to reveal the impacts of economic activities on society as a whole, in addition to the private costs directly incurred by producers and consumers. These can be environmental, health or social impacts that are not reflected in the market prices of products and services, i.e. not included in the operational profit and loss accounts, and so are regarded as hidden. True Cost Accounting is of ...
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Program Evaluation
Program evaluation is a systematic method for collecting, analyzing, and using information to answer questions about projects, policies and programs, particularly about their effectiveness and efficiency. In the public, private, and voluntary sector, stakeholders might be required to assess—under law or charter—or want to know whether the programs they are funding, implementing, voting for, receiving or opposing are producing the promised effect. To some degree, program evaluation falls under traditional cost–benefit analysis, concerning fair returns on the outlay of economic and other assets; however, social outcomes can be more complex to assess than market outcomes, and a different skillset is required. Considerations include how much the program costs per participant, program impact, how the program could be improved, whether there are better alternatives, if there are unforeseen consequences, and whether the program goals are appropriate and useful. Evaluators h ...
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Policy Analysis
Policy analysis or public policy analysis is a technique used in the public administration sub-field of political science to enable civil servants, nonprofit organizations, and others to examine and evaluate the available options to implement the goals of laws and elected officials. People who regularly use policy analysis skills and techniques on the job, particularly those who use it as a major part of their job duties are generally known by the title ''policy analyst''. The process is also used in the administration of large organizations with complex policies. It has been defined as the process of "determining which of various policies will achieve a given set of goals in light of the relations between the policies and the goals." Policy analysis can be divided into two major fields: * Analysis existing policy, which is analytical and descriptive – it attempts to explain policies and their development * Analysis new policy, which is prescriptive – it is involved wit ...
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Participatory Impact Pathways Analysis
Participatory impact pathways analysis (PIPA) is a project management approach in which the participants in a project (project and program are used synonymously from now on), including project staff, key stakeholders, and the ultimate beneficiaries, together co-construct their program theory. Overview The PIPA theory describes plausible impact pathways by which project outputs are used by others to achieve a chain of outcomes leading to a contribution to eventual impact on social, environmental or economic conditions. Impact pathways are a type of logic model, that is, they constitute a model that describes the logic of what the project will do, is doing, or what it did. PIPA helps workshop participants identify, discuss, and write down assumptions and theories about how the project activities and outputs could contribute to project goals. The description of these assumptions and theories is a description of the project’s impact pathways. PIPA has helped workshop participants ...
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Outcomes Theory
Outcomes theory provides the conceptual basis for thinking about, and working with outcomes systems of any type. An outcomes system is any system that: identifies; prioritizes; measures; attributes; or hold parties to account for outcomes of any type in any area. Outcomes systems go under various names such as: strategic plans; management by results; results-based management systems; outcomes-focused management systems; accountability systems; evidence-based practice systems; and best-practice systems. In addition, outcomes issues are dealt with in traditional areas such as: strategic planning; business planning and risk management. Outcomes theory theorizes a sub-set of topics covered in diverse ways in other disciplines such as: performance management, organizational development, program evaluation, policy analysis, economics and the other social sciences. The different treatment of outcomes issues in different technical languages in these different disciplines means that it is h ...
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Impact Evaluation
Impact evaluation assesses the changes that can be attributed to a particular intervention, such as a project, program or policy, both the intended ones, as well as ideally the unintended ones. In contrast to outcome monitoring, which examines whether targets have been achieved, impact evaluation is structured to answer the question: how would outcomes such as participants' well-being have changed if the intervention had not been undertaken? This involves counterfactual analysis, that is, "a comparison between what actually happened and what would have happened in the absence of the intervention." Impact evaluations seek to answer cause-and-effect questions. In other words, they look for the changes in outcome that are directly attributable to a program. Impact evaluation helps people answer key questions for evidence-based policy making: what works, what doesn't, where, why and for how much? It has received increasing attention in policy making in recent years in the context of b ...
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Cost–benefit Analysis
Cost–benefit analysis (CBA), sometimes also called benefit–cost analysis, is a systematic approach to estimating the strengths and weaknesses of alternatives. It is used to determine options which provide the best approach to achieving benefits while preserving savings in, for example, transactions, activities, and functional business requirements. A CBA may be used to compare completed or potential courses of action, and to estimate or evaluate the value against the cost of a decision, project, or policy. It is commonly used to evaluate business or policy decisions (particularly public policy), commercial transactions, and project investments. For example, the U.S. Securities and Exchange Commission must conduct cost–benefit analyses before instituting regulations or deregulations. CBA has two main applications: # To determine if an investment (or decision) is sound, ascertaining if – and by how much – its benefits outweigh its costs. # To provide a basis for comparing in ...
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OECD
The Organisation for Economic Co-operation and Development (OECD; , OCDE) is an international organization, intergovernmental organization with 38 member countries, founded in 1961 to stimulate economic progress and international trade, world trade. It is a forum (legal), forum whose member countries describe themselves as committed to democracy and the market economy, providing a platform to compare policy experiences, seek answers to common problems, identify good practices, and coordinate domestic and international policies of its members. The majority of OECD members are generally regarded as developed country, developed countries, with High-income economy, high-income economies, and a very high Human Development Index. their collective population is 1.38 billion people with an average life expectancy of 80 years and a median age of 40, against a global average of 30. , OECD Member countries collectively comprised 62.2% of list of countries by GDP (nominal), global nom ...
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