Off the bat, the purpose of M&E is to steadily improve the performance of projects and keep tabs on what is happening. It is one of the most essential parts of any program that helps NGOs achieve their goals, but also make on the fly decisions that could improve the overall performance of a project.
Since M&E can vary from NGO to NGO, you must look at a few of the main reasons we employ these types of programs. In this article, we will look at a couple of the main benefits of monitoring and evaluation, allowing you to make the best decisions when it comes to projects and the performance of them.
The Main Purposes Of M&E For An NGO
While we could bicker on about how it affects the performance and allows you to improve projects, there are a few different purposes of the M&E projects. These projects are aimed at helping NGOs improve their results, but since they vary, you need to look at a few of the key elements that will force you to implement M&E:
Data Clarity Is Important
One of the biggest things you need to keep in mind is data clarity. When you do surveys, you might end up with tons of information and results. These results can be tedious to work through and often take a lot of time. The main purpose of the M&E project is to give you clear and concise information on what is happening.
Regardless of the project, you are running, we often add more elements and even different enhancements to these projects. The monitoring aspects can assess the results your input has on a project. One of the main benefits is that you can see whether you are wasting resources or if you need to add more input to achieve success.
If you are an established NGO, you might have a lot of data to fall back on when making decisions. However, new NGOs might not have the same data when launching new projects and this could come as a massive surprise when they see the results. The main purpose of M&E is to help you see the risk vs. the reward and make a decision based on this.
With Artemis as a real-time monitoring application, you can constantly track your projects using surveys. The progress results can be seen on the desktop, which makes it effective for monitoring each situation. You can now decide to implement more resources into the projects or to withdraw resources before they are wasted.
Assessing New Possibilities
In the world of marketing and finding results, new possibilities are around every corner. However, we spend so much time focusing on the current things, we often miss some of the bigger opportunities that might come by. Most M&E tools will give you clear data and the data can help you identify weaknesses. However, it can also help you identify some opportunities that may be hiding.
Overall Progress Report
The final point we would like to make is the overall progress report of your ventures. All stakeholders will want to see some results and often these results can take time. With an overall progress report, you can constantly update stakeholders of endeavors. The progress report can lead to generating more funds for expansions of projects, while also stopping you from wasting resources on useless projects that do not provide results.
M&E is something you will need to do when you run an NGO or any business for that matter. Doing blind projects can come down to luck, but eventually, luck will run out and solid data often provides more reliable information. M&E projects can help any organization make more lucrative decisions and spend their resources wisely.M&E is something you will need to do when you run an NGO or any business for that matter. Doing blind projects can come down to luck, but eventually, luck will run out and solid data often provides more reliable information. M&E… Click To Tweet