Abstract:Value for money poses the question, “What is good resource use?” It is often answered with a narrow economic analysis that does not adequately address what diverse people value. We suggest new principles and methods that may help evaluators answer the question better. First, we define value for money, which sits at the intersection of evaluation and economics. Next, we make the case for a holistic assessment of value for money that evaluators can conduct with tools they already have, like rubrics. We introduce… Show more
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