Indicators:
Performance indicators are used to track outcomes of your activities and assess what changes have occurred. They can take the form of numbers, facts or perceptions that measure progress towards change. Outcome indicators measure the effectiveness or impact of your program. Each intermediate outcome has a list of suggested indicators. The full list of indicators is provided in the Indicators Library. All indicators are quantitative and take a form of numerical values such as percent change, rand amount or other value from a specific source.
External Factors:
While you have already determined your ultimate outcome, it’s difficult to measure on its own. This is because outcomes are, by design broad and influenced by a variety of factors. This is known as the attribution issue. Attribution refers to the ability to relate an outcome to an activity. It is more difficult to attribute the longer-term outcomes to an activity because of external forces that may be beyond the control of the programme, such as economic cycles, market demand fluctuations, exchange rates, trade policies, and global supply chains. This is why the short-term and mid-term outcomes is one of the most important steps in the performance measurement process. These outcomes have a higher attribution to your work, but together lead towards your ultimate outcome.