Costed Action Plan for SADC Industrialization Strategy and Roadmap Box A.1: Glossary Goals: Ultimate results (Long-term Objectives) Outcome: Shows way ahead. Outcomes can be considered mid-term results. Output: Results achieved immediately after implementation. Key Indicators: Indicators should be clear, relevant, economic, adequate and monitorable. Indicators are the quantitative and qualitative variables that provide a simple and reliable means to measure achievement, reflect the changes connected to an intervention, or to help assess the performance of (an operation) against the stated objective. Indicators measure progress with respect to: - Inputs; - Activities; - Outputs; - Outcomes, and - Goals Indicators answer two fundamental questions: (i) (ii) How will we know success or achievement when we see it, and Are we moving towards achieving our desired outcomes? Number of Indicators: The minimum number that nswer the question: Has the outcome been achieved? A minimum that directly measures the outcome desired. Target: A specified objective that indicates the number and timing etc., of what is to be realised. Targets are interim stages on the way to the long-term outcome. Evaluation and Monitoring: Assessment (quantitative and qualitative) of progress towards achieving goals and outputs, and progress towards attainment of the goal objectives. 75