Namibia: Training course on Value for Money Assessment practice in Project Management

INTRODUCTION

This 3 day training will give an introduction to value for money assessment (VFM) in project management and build the confidence and skills of NGO staff who have limited experience of using value for money techniques when designing programmes and preparing proposals and budgets for institutional donors.

WHO SHOULD ATTEND?

This course is suitable for people who are new to or have little experience of managing and measuring VFM in programme design, proposal writing and the preparation of programme budgets.

DURATION

3 Days

COURSE OBJECTIVES

• Why VFM is important to project management
• Donors' approach to VFM
• Analyzing the VFM of different programme design options
• Managing key drivers of VFM, including risk
• Calculating unit costs and linking these to outputs and outcomes
• Measuring, comparing and reporting on VFM
• The challenges of hard to measure benefits, leverage and sustainability
• Addressing VFM in proposals and reports to other donors
• Preparing a VFM action plan

TOPICS TO BE COVERED

Importance of VFM assessment

• How donors approach VFM
• Public perceptions of aid and VFM
• Who counts – what about the beneficiaries?
• Internal drivers
• Partner perspectives

Planning: considering VFM in programme design

• Using the theory of change and stakeholder analysis to generate options in programme design
• Using options analysis to make a business case
• Identifying the key components of VFM
• Risk analysis and pricing risk
• Valuing leverage and sustainability
• Addressing VFM in proposals to donors

Implementing: ensuring VFM during project implementation

• Activity-based budgeting and calculating unit costs
• Linking unit costs to outputs and outcomes
• Identifying and improving decision-making processes which add or destroy value: partner selection; procurement; monitoring and evaluation; budget management; risk management
• Reporting on management of VFM

Reviewing: evaluating and reporting how VFM is achieved

• Identifying indicators and measurement processes
• Comparing and explaining different results
• Estimating the hard to measure benefits
• Reporting on measurement of VFM

Action planning: engaging your organization in developing a value for money action plan

• Developing a SWOT for your organization in relation to VFM
• How to engage key stakeholders in developing an organizational action plan on VFM
• Overcoming obstacles

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You can apply to participate as a group or as an individual by selecting the [RegisterIndividual] or [RegisterGroup] buttons and fill the form as appropriate.

For further inquiries, please contact us on Tel: +254 715 077 817, +254 (020) 211 3814, +254 731240802, +254 735331020.

Email outreach@indepthresearch.org