Exploring VFM (Value for Money

I am going back and revisiting my original background (Management and Economics), exploring the synergies between economics and evaluation, and taking a deeper dive into the Efficiency criterium, and for that I am having fun collaborating with Julian King, my favorite expert in Value for Money (VFM).

His doctoral research developed and tested a new approach (Evaluation and Value for Money: Development of an approach using explicit evaluative reasoning) to assess value for money, combining evaluative and economic thinking.

It contributes a theoretical foundation and a practical approach for getting clear answers to value for money questions, using our full evaluation toolkits and all relevant evidence at our disposal. His doctoral research is expected to show original work that makes a significant contribution to knowledge.

I did an infographic outlining his contributions to evaluation theory:

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