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Maximising the potential of VFM analysis requires financial reporting and results monitoring systems that help to show how the different components of the "results chain" are interlinked.
The value for money analysis provides an intuitive framework for assessing performance along the results chain, prompting further diagnosis and flagging when programmes are going off-track.
While there is no standardised approach, it's widely accepted that any VFM analysis of Wash programmes should incorporate an understanding of relationships between different components of the "results chain" (inputs, processes, outputs, outcomes), and in particular the costs of achieving those results.
Second, the results chain is long and it often suffices to have a non-performing link to drag down the whole chain.
The Results Chain is reflected in the Result Framework (RF) matrix.
RBM operates according to the Results Chain theory (see Figure 2: Results Chain), which describes the cause and effect relationships among different levels of results, i.e. measurable development changes1.
Similar(43)
The collaborative has focused on two linked areas of practice that could unlock cross sector collaboration: results chains and evaluation of supporting evidence.
This document captures a set of principles identified and used by the collaborative, along with detailed guidance for creating comparable results chains across sectors and evaluating evidence from multiple disciplines in common terms.
Results chains draw explicit links between potential management actions and assumptions about the intermediate and ultimate effects of those actions, thereby making the decision-making process more transparent.
Monitoring of the programme is relatively weak with the programme results framework not containing enough indications of progress along the results chains in the various components of the programme.
The resulting chain is the protein.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com