20 Pip Forex System for TS
20 Pip Forex System for TS
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Once the conceptual framework is finalized, the next step in completing the monitoring and evaluation framework is selecting indicators. Indicators are signs of progress – they are used to determine whether the programme/intervention is on its way to achieving its objectives and goal.
What are indicators?
An indicator is a specific, observable and measurable characteristic that can be used to show changes or progress a programme is making toward achieving a specific outcome.
There should be at least one indicator for each outcome. The indicator should be focused, clear and specific. The change measured by the indicator should represent progress that the programme hopes to make.
An indicator should be defined in precise, unambiguous terms that describe clearly and exactly what is being measured. Where practical, the indicator should give a relatively good idea of the data required and the population among whom the indicator is measured.
Indicators do not specify a particular level of achievement — the words “improved”, “increased”, or “decreased” do not belong in an indicator.
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