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Value for Money Assessment practice in Project Management Course

This 3 day training will give an introduction to value for money assessment (VFM) in project management and build the confidence and skills of NGO staff who have limited experience of using value for money techniques when designing programmes and preparing proposals and budgets for institutional donors.

This course is suitable for people who are new to or have little experience of managing and measuring VFM in programme design, proposal writing and the preparation of programme budgets.

3 Days

• Why VFM is important to project management
• Donors' approach to VFM
• Analyzing the VFM of different programme design options
• Managing key drivers of VFM, including risk
• Calculating unit costs and linking these to outputs and outcomes
• Measuring, comparing and reporting on VFM
• The challenges of hard to measure benefits, leverage and sustainability
• Addressing VFM in proposals and reports to other donors
• Preparing a VFM action plan

Organisation Indepth Research Services

Country Kenya