The 5th Vienna Evaluation Network took place on Tuesday, September 25, 2018 at 4-5.30pm
TOPIC: Mainstreaming “Value For Money” in Development and Humanitarian Programming by Darko Petrovic
View or download the slides (PDF): Darko_Petrovic_VFM_Presentation_25Sep2018
‘Value for Money’ is well known in the context of profit-oriented business development and results measurement. In some countries it is also used as a framework for assessing the cost effectiveness of public sector interventions and evaluating spending decisions. For almost ten years now it has also been part of the development and humanitarian jargon. While still in development, its presence and importance are growing, particularly when resources are scarce and subject to increasing donor scrutiny.
But what exactly do we understand under Value for Money and how is it used in the context of development or humanitarian interventions? What have we learned about it so far and how can it be applied in practice? Most importantly, how much ‘value’ is in ‘Value for Money’ and is it a gain or burden for project / programme management? Who does it really benefit?
Darko Petrovic will reflect upon these and other questions from the viewpoint of a practitioner and concrete examples will be presented to facilitate the understanding and use of the concept as well as to inspire further debate on its future implementation.
Darko Petrovic is a short-term expert in Project Cycle Management and Monitoring and Evaluation at the International Centre for Migration Policy Development (ICMPD) in Vienna. He has eight years of experience in humanitarian affairs and public administration, mainly at the World Food Programme in The Gambia, Italy and Myanmar where he covered the areas of vulnerability and needs analysis, field programme coordination and monitoring and evaluation. At WFP Myanmar he was also responsible for piloting the systematic implementation of the Value for Money (VfM) concept at the level of a country programme.
He holds a BA. in European Studies and MSc. in Public Policy and Human Development from Maastricht University.
VEN events generally start with a presentation by the guest speaker. Thereafter, the participants have time to ask questions, discuss the topic, and exchange experiences, followed by informal networking and conversations.
WHEN: Tuesday, September 25, 2018, 4-5.30pm
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