Study: How to Define and Measure Value for Money in the Humanitarian Sector

The idea for this study emerged during regular bilateral dialogues between Sida and ICRC as a constructive way of improving the ICRC’s reporting and measurement of results using Value for Money (VFM) concepts. Sida viewed this as an opportunity to deepen their understanding of how the ICRC assesses the quality and costeffectiveness of operations, while the ICRC saw the potential in advancing their own results-based agenda and improving their understanding of the implications of current Value for Money (VFM) debates within the donor community.