Impact Measurement and Management Expert
Location: Yerevan, ARMENIA
Application Deadline: 07-Nov-18 (Midnight New York, USA)
Type of Contract: Individual Contract
Post Level: National Consultant
Languages Required: English
Starting Date: (date when the selected candidate is expected to start) 15-Nov-2018
Duration of Initial Contract: 15 Nov 2018– 31 Dec 2019 (up to 270 work days)
The Sustainable Development Goals (SDGs) outline a compelling vision of a desired future for our planet and the people within it. Achieving these global goals will cost an annual estimated $5-7 trillion dollar and will likely shape the next 15 years of financing for development.
Approximately half of these investments in the SDGs can be privately financed. In this context, new sources of capital that can help finance SDGs are required, ranging from large institutional investors to the private wealth industry to help promote sustainable development. Impact investment and social entrepreneurship represent key mechanisms for leveraging private investment for public good in ways that create win-win-win scenarios for implicated stakeholders. Impact investment can catalyze additional capital flows into developing economies and stimulate private sector development where this is otherwise absent. By combining various forms of capital with different return requirements, social challenges can be addressed in more scalable ways than what is achievable by the government alone.
Impact Measurement and Management (IMM) is one of the most fundamental pillars in impact investments and is considered as a must component for rational, substantiated and sensible decision making and validation processes for assessing contribution of the impact activities towards SDGs. In this regard, one of the UNDP’s primary service offerings includes supporting impact investment initiatives in understanding and application of IMM, specifically in helping to generate advance understanding of impact and enhancing it across several areas and multiple stakeholders in the context of SDGs. UNDP Armenia has been supporting certain works contributing to further elaboration of the IMM approaches, and is currently looking for an experienced professional to continue the efforts and focus on practical applications of impact measurement and management toolset.
Duties and Responsibilities
Scope of Work
UNDP Armenia is targeting to develop in-house Impact Measurement and Management (IMM) capacities that will promote common impact-based principles for investing, consideration of impact data in decision-making with equal emphasis and rigor to financial risk and return.
We require an experienced candidate to design the impact measurement plan, propose tests, monitor and evaluate a complete impact measurement and management system for UNDP projects, as well as for startup ventures and initiatives supported by UNDP. The initiatives where IMM will be applied may include impact investment funds, direct investment projects, startup acceleration programs, activities funded through other financial instruments. Initial framework of our IMM approach is built on SDGs and IRIS metrics and an advanced approach towards setting, measuring and managing the impact allowing for alternative intensity of impact consideration. However, the practicality and applicability of those approaches are to be explored further and could be modified during piloting phase.
Duties and Responsibilities
The duties and responsibilities of the Expert will include:
- Research and explore SDGs as the overarching framework for UNDP to develop a unique and value-added IMM proposition for internal and external stakeholders;
- Support impact measurement of ImpactAim Accelerator ventures in cooperation with project team and group of experts.
- Assess current impact assessment methodologies, metrics, processes and approaches in the context of how they can complement the IMM framework to be developed and/or be integrated into internal UNDP M&E (Monitoring and Evaluation) processes;
- After assessments, recommend a service offering package and once approved, design the UNDP Impact Measurement and Management M&E framework that will be used to measure, evaluate, and report UNDP development results. This will include:
- Defining the full assembly of internal processes
- Defining integration points with internal UNDP M&E frameworks
- Assessing and recommending data collection and structuring methods for adequate monitoring and evaluation of investments and/or technical assistance projects
- Outlining and drafting guideline booklets/user manual explaining UNDP IMM process
- Establishing a process to produce quarterly, semi-annual and annual development results reporting to a) internal and b) partnering and c) government stakeholders
- Establishing a process and guidelines booklet for the preparation of evidence-based case studies to tell the “impact” story, including activities, results and long-term outcomes
- Prepare a comprehensive policy and procedure guideline in the areas of monitoring and evaluation of impact investments for SDG-aligned projects;
- Collaborate with clients and internal units to define assessment model of data collection and data management, including baselines, follow-up surveys and end of project data repositories
Once established, we will pilot the IMM application with our selected fund manager and other impact investment projects. The candidate will be required to:
- Support UNDP and a fund manager to implement the IMM framework as well as monitor and evaluate the results during a complete investment decision cycle;
- Develop the project post-implementation impact assessment research methodology, collect research findings, analyze and develop the final report and recommendations and present findings;
- Manage and coordinate the collection of data into the monitoring and evaluation data collection systems, facilitating data capture and checking for completeness and accuracy;
- Analyze and evaluate monitoring and evaluation findings and data by following the approach and framework, develop insights and update recommendations;
- Tracking success of acceleration progress and post acceleration development of impact ventures.
Work with assigned officers in UNDP Armenia country office to support capacity development and provide mentorship in IMM framework and application methodology.
Expected Deliverables by the end of 2018:
- Assessment of current IMM methodologies
- Development of UNDP IMM framework
- Development of IMM guidelines explaining the process and procedures, including full branding and service delivery narrative.
- Strong knowledge of major impact investment developments, IMM and M&E methodologies
- Expert knowledge on standard M&E and IMM processes, tools, frameworks and approaches
- Knowledge of UNDP internal M&E processes appreciated;
- Experience in the survey design
- Excellent quantitative and analytical skills
- Ability to work under the pressure, with minimum supervision and on-distance;
- Demonstrated initiative, tact and high sense of responsibility and discretion;
- Strong teamwork skills;
- Excellent communication skills, written and oral;
- Strong computer literacy and data analytical proficiency
Required Skills and Experience
Master’s Degree in business administration, social sciences, economics, finance, international development, statistics, or relevant disciplines
- Minimum of 5 years of progressively responsible professional experience in performance monitoring and/or evaluation role with international development organizations or sustainability-oriented organizations.
- Demonstrated ability in data analysis, project design, monitoring, and evaluation of development activities. Experience developing results frameworks, logical frameworks, or similar tools is required
- Relevant experience in practical application of impact measurement approaches following IRIS metrics. Advanced knowledge of relevant methodologies i.e. GIIRS, SROI etc. is desirable.
Proficiency in written and spoken English and Armenian. Knowledge of Russian or other UN language is an asset.
INDIVIDUAL CONSULTANTS WILL BE EVALUATED BASED ON THE FOLLOWING METHODOLOGY:
Candidates will be evaluated using a cumulative analysis method taking into consideration the combination of the applicants' technical qualifications, experience and financial proposal. The contract will be awarded to the individual consultant whose offer has been evaluated and determined as technically responsive/compliant/acceptable to the requirements of the ToR and received the highest cumulative (technical and financial) score out of below defined technical and financial criteria.
Only candidates obtaining a minimum of 49 points in the technical evaluation would be considered for financial evaluation.
Technical Criteria - 70% of total evaluation - max. 70 points
Financial Criteria - 30% of total evaluation - max. 30 points.
DOCUMENTS TO BE INCLUDED WHEN SUBMITTING THE APPLICATION.
- UNDP Personal History form (P11): http://www.undp.org/content/dam/undp/library/corporate/Careers/P11_Personal_history_form.doc.
- Financial Proposal and Availability form : OFFEROR’S LETTER TO UNDP
General Conditions of Contract is available here: http://www.undp.org/content/dam/undp/documents/procurement/documents/IC%20-%20General%20Conditions.pdf.
Note: Please note you can upload only one document to this application (scan all documents in one single PDF file to attach).