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Measuring Performance

The Measurement & Evaluation (M&E) framework outlines Australian Wool Innovation’s (AWI) approach to ensure that AWI business activities contribute to the company’s purpose and consequently deliver value to Australian woolgrowers. This document provides a system of reviewing program targets that are set in the strategic and annual operating plan.
Providing quantifiable returns on industry and government investment enables organisational accountability, transparency, and engagement with woolgrowers. Recognising the diverse portfolio of activities AWI undertakes, monitoring and evaluation helps ensure obligations to woolgrowers.
How we Measure Performance
Monitoring and evaluation are separate practices dedicated to the assessment of AWI’s overall performance. Monitoring is a systematic process of gathering, measuring and analysing information regarding the progress made by implemented projects. Evaluation is time specific and it is performed to assess whether a project has reached its goals and achieved the expected outcome.
The overall performance of AWI is measured through the achievement 3-year strategic and Annual Operating plan targets. The measurement of those targets highlighted in the strategic and operating plans are performed at program level. It comprises measuring the actual performance outcomes or results against its intended goals.
Key Measurement and Evaluation Documents
The M&E unit has produced key documents that serve as essential building blocks towards measurement of performance. The three documents highlighted below are M&E framework and 2019/20 performance report.

M&E Framework
The Measurement & Evaluation (M&E) framework outlines Australian Wool Innovation’s (AWI) approach to ensure that AWI business activities contribute to the company’s purpose and consequently deliver value to Australian woolgrowers. This document provides a system of reviewing program targets that are set in the strategic and annual operating plan.

The reports portray tracked outcomes of the targets through a traffic light system highlighted below:
• Green - Achieved
• Amber – In-Progress
• Red – Not achieved
For a given financial year, most progress indicators against the targets for the first six-monthly PARs would be amber as most projects would still be ongoing.


Impact Assessment

The Impact Assessment concluded that for the three-year period it is estimated AWI achieved an overall BCR of 2.8 for every dollar invested (3.7 on levy payer contributions) on Research, Development and Marketing programs.
