Location: Online Learning
The World Bank describes value for money (VfM) as “the effective, efficient, and economical use of resources, which requires the evaluation of relevant costs and benefits, along with an assessment of risks, and of non-price attributes and/or life cycle costs, as appropriate.”
In this course, participants will explore internationally accepted VfM methodology and its application in various types of public-private partnerships. In addition, participants will examine the limitations of VfM methodology and recognize where the VfM analysis fits within the project life cycle.
Through interactive webinars, collaboration, virtual discussion, and self-paced learning, participants will gain knowledge and skills to understand the features of VfM analyses and how they ensure a project’s return on investment.
Through successful completion of this course, participants will be able to: