Measuring Social Value Impacts
Description:
This event is the sixth in our ‘Measuring Impacts’ series. This series of workshops aimed to provide you with more detailed guidance and support for measuring impacts in your Business Cases across six topic areas. During each session, the presenters identified key resources and guidance to help you measure benefits and impacts in your Business Cases.
The session included a short presentation, with plenty of time allowed for discussion.
This session, on Measuring social value benefits / impacts covered:
What is social value and how it relates to other benefits and impacts
When to account for social value benefits and impacts in the business case
How to identify and measure social value benefits and impacts
Methodologies for monetising social value benefits and impacts
Ensuring delivery and how to maximise social value benefits and impacts
About the speaker:
Maria Vitale is an experienced social value practitioner who works to maximise social value and socio-economic outcomes for communities through design, procurement and all other project stages. She co-authored the Institute of Economic Development’s research publication, ‘From the Ground Up – Improving the Delivery of Social Value in Construction’, was a contributor to UKGBC’s “Framework for Defining Social Value”, and has completed Social Return on Investment (SROI) training. She is currently the Framework Social Value Lead for Arup’s Strategic Partnership with Bristol City Council.
Social value in Construction – the role of procurement
In this blog, Clare Chamberlain, Category Lead – Construction, discusses the importance of social value in your construction projects and gives top tips to how to ensure it’s not missed off the list.
In this blog, Clare Chamberlain, Category Lead – Construction, discusses the importance of social value in your construction projects and gives top tips to how to ensure it’s not missed off the list.
Social Value 101
This guidance introduces the topic of social value, and provides an insight into what social value is in development and infrastructure projects
With significant Towns Fund investment planned matched with potentially socio-economic challenges exacerbated by the Covid-19 crisis, there is now more than ever a need/opportunity for development and infrastructure projects to create additional social value over their lifecycle and help to rebuild local economies.
This document provides an insight into what social value is in development and infrastructure projects and seeks to answer the following questions:
What is driving the need to articulate and deliver social value
How to define social value in the built environment
How social value links to the Towns Fund’s outcome led approach and the Theory of Change
How social value can be set out in business cases and embedded in to all stages of a project’s life cycle
What to consider in social value impact measurement