4.1 Use of Capital

Monitoring the use of capital focuses on the operational side of the organisation’s activities over the period, and seeks to establish if:

  • the investment capital has been drawn down
  • the use of the investment capital is in accordance with the impact plan (and the planned use of capital if different), and is properly accounted for
  • other inputs have been forthcoming as planned, and are being used and accounted for

Evaluation looks to the quality of operations, and seeks to verify that the activities are well-managed, and the organisation is proving it has the capacity, in terms of skills and resources, to carry out its impact plan effectively.

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