Step 2.04.02 , Formulating Interventions
The purpose of formulating interventions is to conceptualize the portfolio of interventions, associated targets, and resource requirements for the Water Fund.
- Formulate interventions
- Identify steps for each intervention
- Align interventions with water strategies and actions
- Determine targets/outcomes for each intervention
- Ultimately use this and other information to establish Objectives and Goals for the Water Fund’s broad areas of action
- Completed intervention framework sheets
- Completed Resources Workbook
Skills and Capabilities Required
The core staff of the Water Funds team (WF Director) and the financial analyst.
1. Formulate interventions
2. Develop result chains (steps for each intervention)
3. Verify intervention alignment with mission and vision
4. Set targets
5. Estimate resource needs/cash flow requirements
6. Finalize Water Fund Objectives and Goals
Minimum of 1 month. Will range depending on availability of information, risk tolerance of the Board/Water Fund team, and other factors. It is an intensive and iterative process and that should include preparation, multiple working sessions with the team which will include efforts to determine resource needs (e.g. funding) and the Water Fund associated cash flow requirements.
Without clear goals and objectives, Water Funds cannot determine what they are trying to achieve or whether they have been successful in achieving it. Goal-setting serves as an important mechanism facilitating a shared vision between stakeholders, as well as for achieving observable and measurable results within specific time-frames.