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In Many Projects, Large Rand Amounts Are Expended for Materials

question 17

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In many projects, large Rand amounts are expended for materials or services (subcontractors, consultants) that are used over a period of time longer than one cost reporting period.


Definitions:

Formative Evaluation

Systematic assessment occurring before or during a learning activity to improve the educational process.

Process Evaluation

An assessment focusing on the implementation process of a program, activity, or policy to understand how it operates and to identify areas for improvement.

Summative Evaluation

Systematic assessment at the conclusion of a course, program, or learning activity.

Impact Evaluation

A study to assess the changes that can be attributed to a particular intervention, such as a project, program, or policy, apart from other causes.

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