SROIproject

The principles and practices associated with Social Return on Investment (SROI) may usefully be applied to analysing and managing value throughout a commissioning cycle.
The application of SROI principles and practices was tested on a commissioning exercise for Care at Home Services contracted by City of Edinburgh Council (CEC) and as a result several aspects of the service to be delivered were identified as driving the creation and destruction of value. The analysis required additional consultation with stakeholders and analysis of consultation results to identify value drivers. The results of the analysis offered a different perspective on what is important by exploring how outcomes are created and how important they might be. It contributed to changes and improvements to the scope and purpose of the contract, specification, related work, and planned monitoring