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Value for Money (VfM)

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Revision as of 05:36, 29 May 2013 by ***** (***** | *****) (Created page with " = <span id="3Es_.28and_a_CE.29" class="mw-headline">3Es (and a CE)</span> = == <span class="editsection">[[http://gizbdwiki.org/index.php?title=Value_for_money_(VFM)&action=...")
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3Es (and a CE)

[Edit section: Economy] Economy

Are we or our agents buying inputs of the appropriate quality at the right price? (Inputs are things such as staff, consultants, raw materials and capital that are used to produce outputs)

[Edit section: Efficiency:] Efficiency:

How well do we or our agents convert inputs into outputs? (outputs are results delivered by us or our agents to an external party. We or our agents exercise strong control over the quality and quantity of outputs)

[Edit section: Effectiveness:] Effectiveness:

How well are the outputs from an intervention achieving the desired outcome on poverty reduction? (Note that in contrast to outputs, we or our agents do not exercise direct control over outcomes)

[Edit section: Cost-effectiveness:] Cost-effectiveness:

How much impact on poverty reduction does an intervention achieve relative to the inputs that we or our agents invest in it?

[Edit section: Links] Links


[Edit section: Updates] Updates

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