Evaluation and Value for Investment

Evaluation and Value for Investment

The 5Es: Effectiveness

Sunday Short Read

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Julian King
Oct 26, 2024
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Our exploration of the 5Es continues. Ex-post (retrospective) value for money (VfM) assessments often examine a program in terms of five criteria: economy, efficiency, effectiveness, cost-effectiveness and equity.

I've argued that the 5Es aren't the definitive set of VfM criteria - there's no such thing. But they're good conversation starters because th…

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