Value for money

Triple Line uses a structured approach to ensuring, and monitoring, the three critical factors which underpin Value for Money:

  • Economy – Efficient procurement of services and materials to provide: “the right inputs at the right price”.
  • Efficiency – Managing resource productivity to deliver: “maximum outputs for each unit of input.”
  • Effectiveness – Project designs which are relevant and appropriate ensuring: “maximum development impact for a given output

Value for money diagram

source: http://www.improvementnetwork.gov.uk

 

 

Selected Triple Line Experience

Multi-Donor Funded. Preparatory analysis on cost benefit of various management models for a Democratic Governance Facility (DGF) in Uganda (May 2010). Assessment of the relative cost, effectiveness, political risks and benefits, and compliance with the Paris Declaration principles of managing a major new pooled fund through a joint-donor project management unit, a multilateral agency or a contracted management agent.

Cost-Benefit Analysis of DFID’s Use of Intermediary Management Agents; UK; DFID (Jan – Mar 2010). Analysis of the costs and benefits of different management structures DFID uses to run funds supporting civil society organisations.

DFID Review of the Darfur Community, Peace and Stability Fund (DCPSF) (February 2010). Impact assessment of a US$20+ million UNDP-managed multi-donor trust fund supporting peace and reconciliation at the community level in Darfur, with review of management structures and efficiency, and recommendations on feasibility of scaling up for early recovery work.