DFID’s Approach to Value for Money – Guidance for external partners

Publication language
English
Pages
12pp
Date published
01 Jun 2020
Type
Guidance
Keywords
Funding and donors, System-wide performance

This Smart Guide aims to help DFID staff and external partners to better understand what we mean by Value for Money (VfM) and how to maximise it across our work.

The Smart Guide:

sets out what DFID means by VfM in the different areas of our work

describes some key principles for understanding VfM in any context

outlines some common VfM misconceptions

discusses how to develop suitable VfM metrics

outlines some recommended VfM actions for partners