Impact Measurement

Impact Measurement
Impact measurement (Social Impact Measurement) is a body of methods that helps predict the outcome of an actor's action in the social sphere. In this context, the term "impact" refers to the intended or unintended consequences to the human population, either positive or negative. The impact ordinarily concerns demographic, exclusion, economic, and other similar issues. In countering misinformation, impact measurement connects to gauging the effectiveness of the analyzed method. Impact measurement is primarily a business tool. Consequently, individual measurement methods are suitable for different types of activities.

Methods of the impact measurement
There is no one classification of impact measurement methods. The section below is a selection of broadly used algorithms


 * Acumen Scorecard
 * Atkinsson Compass Assessment for Investors (ACAFI)
 * Balanced Scorecard (BSc)
 * Best Available Charitable Option (BACO)
 * BoP Impact Assessment Framework
 * Center for High Impact Philanthropy Cost per Impact
 * Charity Assessment Method of Performance (CHAMP)
 * Foundation Investment Bubble Chart
 * Hewlett Foundation Expected Return
 * Local Economic Multiplier (LEM)
 * Measuring Impact Framework (MIF)
 * Millennium Development Goal scan (MDG-scan)
 * Measuring Impacts Toolkit
 * Ongoing Assessment of Social Impacts (OASIS)
 * Participatory Impact Assessment
 * Poverty Social Impact Assessment (PSIA)
 * Public Value Scorecard (PVSc)
 * Robin Hood Foundation Benefit-Cost Ratio
 * Social Compatibility Analysis (SCA)
 * Social Costs-Benefit Analysis (SCBA)
 * Social Cost-Effectiveness Analysis (SCEA)
 * Social e-valuator
 * Social Footprint
 * Social Impact Assessment (SIA)
 * Social return Assessment (SRA)
 * Social return on Investment (SROI)
 * Socio-Economic Assessment Toolbox (SEAT)
 * Stakeholder Value Added (SVA)
 * Toolbox for Analysing Sustainable Ventures in Developing Countries
 * Wellventure Monitor

The unformalized monitoring methods are also applicable in measuring the social impact.