ANLY482 AY2017-18 T2 Group 16 Methodology
Data
We will have data on YMCA's programmes from the last 10 years. This data will include variables such as number of volunteers, the costs of the programme, the number of beneficiaries involved and the activities.
More to be updated as time goes.
Methodology
The main project will involve the formulation and calculation of the SROI of each of their programmes. Essentially, the SROI will be measured using the following equation:
Social purpose cashflow = Total social benefit - Operating expenses of the programme
First, we will be exploring the data given and coming up with components that will help us calculate the operating expenses of the individual programs. Additionally, other components such as indirect social benefits and program cost savings which will be included in our proposed SROI framework will be discussed with the sponsor (and if necessary, additional data will be requested).
The final framework will be reviewed by the sponsor and applied to each of their programmes to allow them to find the net present value of their current programmes and take the necessary actions. Additionally, we also intend to leverage on the YMCA’s volunteer data given and explore it further to see if we can derive any insights about their volunteers eg. the top determinant of volunteer satisfaction, retainment, where are regression could be done. The end product would help them find out if there are any improvements which can be made to their volunteer programme.
