What are the best practices for funding evaluation?

What are the best practices for funding evaluation?

Best practices for funding evaluation include setting clear objectives, using mixed methods, and engaging stakeholders.

Can you explain why stakeholder engagement is important?

Stakeholder engagement ensures that the evaluation addresses the needs and perspectives of those affected by the funding.

What mixed methods should I consider?

Consider combining qualitative methods like interviews with quantitative methods like surveys for a comprehensive view.

How often should evaluations be conducted?

Evaluations should be conducted at key milestones, such as mid-project and post-project, to assess progress and impact.

What are some common challenges in funding evaluation?

Common challenges include data collection issues, stakeholder resistance, and limited resources for thorough evaluations.