• Limited Partner (LP)

    • in Business

      One of the co-owners of a business organized as limited partnership who (unlike a general partner) does not participate in the management of the firm and has limited personal liability for the firm’s debts. Also called nominal partner.

    Practice & Source: (1) Business/CSR: BusinessDictionary.com
  • Livelihood(s)

    • in Sustainable development

      A means of securing the necessities of life.

    • in Sustainable development

      A livelihood comprises the capabilities, assets (including both material and social resources) and activities required for a means of living. A livelihood is sustainable when it can cope with and recover from stress and shocks and maintain or enhance its capabilities and assets both now and in the future, while not undermining the natural resource base.

    Practice & Source: (1) Sustainable development: Oxford Living Dictionaries (2) Sustainable development: Guidance Notes on Recovery: Livelihoods, The International Recovery Platform and United Nations Development Programme-India
    COMMENTARY

    “Livelihood” can be used generically to refer to someone’s employment or specifically to the Sustainable Livelihoods Framework.

  • Logframe

    • in Evaluating

      See definition for “Logical Framework.”

    Practice & Source: None
  • Logic Model

    • in Evaluating

      A visual representation, provides a road map showing the sequence of related events connecting the need for a planned program with the programs’ desired outcomes and results.

    • in Evaluating

      The program logic model is defined as a picture of how your organization does its work – the theory and assumptions underlying the program. A program logic model links outcomes (both short- and long-term) with program activities/processes and the theoretical assumptions/principles of the program.

    Practice & Source: (1) Evaluation: USAID Glossary of Evaluation Terms (2) Evaluation: Logic Model Development Guide, W.K. Kellogg Foundation
    COMMENTARY

    A basic logic model links inputs, activities or processes, outputs, and outcomes (short-term and long-term). There are many variations of logic models and formats to present them.

  • Logical framework

    • in Evaluating

      Management tool used to improve the design of interventions, most often at the project level. It involves identifying strategic elements (inputs, outputs, outcomes, impact) and their causal relationships, indicators, and the assumptions or risks that may influence success and failure. It thus facilitates planning, execution and evaluation- of a development intervention.

    Practice & Source: (1) Evaluation: DAC/OECD Glossary of Key Terms in Evaluation and Results Based Management
    COMMENTARY

    Logical frameworks (logframes) share much in common with logic models, impact maps and theories of change and these are often used as synonyms. Logical frameworks tend to be tables rather than graphics and are typically based on a simple linear logic of a results chain. Theories of change allow for more complex causal pathways. The term “logframe” is used almost exclusively used in development field.