Appendix Two: Example of milestones and key performance indicators
The following example is for a project to develop a regional economic development strategy.
| Milestone |
Key performance indicators to measure milestone completion |
| 1. Identify possible stakeholders and appropriate government agencies |
Stakeholders identified & communication strategy implemented |
| 2. Relevant qualitative and quantitative data collated, and key drivers and stakeholders identified |
Finalised regional economic development profile |
3. Workshops to bring together stakeholders and existing visions held Vision and high level goals for all stakeholders articulated |
Vision agreed to by regional governance group |
4. Regional strengths, weaknesses, opportunities and threats identified Stakeholder input and expertise utilised |
Document outlining results from analysis completed and consulted on |
| 5. Possible strategic objectives prioritised and set in a draft strategy |
Strategy objectives agreed by regional governance group Draft strategy prepared for consultation |
| 6. Regional consultation of full draft strategy |
Consultation workshops held and feedback received on full strategy |
| 7. Finalise the Strategy |
Strategy Implementation Plan agreed by regional governance group |
| 8. Strategy implementation plan reviewed and updated |
Recommendation on updates presented to regional governance group |
| 9. Administration agent costs for RSF delivery |
Contracting and financial management costs of RSF programme |
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