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common indicator

According to CPR Art.13.1. the methodology for establishing the performance framework shall include: "(a) the criteria applied by the Member State to select indicators". Is there a list of recommended criteria for the selection of indicators?

The methodological document should explain, for each SO, the reasons behind selecting the indicators proposed. The RACER criteria are frequently used in selecting indicators. 

There should be a clear connection between the types of actions, the budget and the proposed indicators. Where specific indicators are proposed, there should be an explanation of why the common indicators were not relevant (on the basis of the definitions provided in the indicator fiches). The methodological document should also explain whether any lessons were learned from the use of indicators during the 2014-2020 programming period, which may support the decision to use or avoid using certain indicators.

This is essential for programmes that are planning to include many programme-specific indicators and/or few common ones. 

On which basis should target values of common indicators be calculated: in relation to the budget or identified needs?

A good intervention logic starts with identifying the needs, their corresponding objectives and how the available budget can be allocated to the various objectives/actions. Once the budgeting has been done, the available budget can be used in calculating the targets.

How should "population covered by projects” be defined in RCO74 and what calculation method is recommended for this indicator, as well as RCO75?

The population covered depends on the strategy, its geographic area and any criteria included in the strategy that may restrict the categories of people targeted (otherwise, it will be the entire population living in that geographic area or administrative unit).