Roadmap Step: Financing

Monitoring is crucial for understanding the process of smart village development and implementation, as well as the outcomes and results. It can help identifying specific needs, barriers and enabling factors and can shed light on strengths and weaknesses of the stakeholder engagement process. It can also contribute to adapting the strategy (and its targets) as and when necessary. Monitoring needs to be based on a S.M.A.R.T. approach, continuously ensuring that the actions defined by the strategy are specific, measurable, attainable, relevant and timely.