Course Finder
2026 Classroom Training Courses 2026 Online Training Courses 2027 Classroom Training Courses 2027 OnlineTraining Courses
In-House Training About Us
An Intensive Professional
Development Training Course on

Value for Money

The Best Practices for Maximisation of VfM

No active schedules available at this time.
No classroom schedules available at this time.
Course Options

How would you like to proceed?

Need a tailored solution or group booking discount? Contact our course advisors.

Why Choose Us

This Value for Money training course provides the tools and knowledge required to maximise and embed Value for Money (VfM) approaches. It considers their application across an organisation, its projects and wider initiatives. The course helps you assess whether an organisation operates in a cost-conscious, efficient and effective manner.

This highly interactive Wallstreet Development Academy course examines best practice in economic theory and its practical application. It explains how established and emerging tools can capture and support the management of VfM. The course also addresses planning, appraisal, efficiency measurement, and the distinction between financial and economic costs.

This Value for Money training course will highlight:

  • Understanding the components of Value for Money
  • Applying VfM tools and techniques
  • Planning and appraising projects and wider initiatives
  • Measuring organisational efficiency
  • Distinguishing financial costs from economic costs
Why Choose Value for Money
Course Goals

What are the Goals?

Upon completing this training course, participants will understand:

  • The reasoning behind VfM and its principal features
  • Ways to use a broad range of VfM tools
  • Current techniques for managing costs, improving efficiency and ensuring effectiveness
  • Ways to integrate VfM into the project cycle and M&E systems
  • How to demonstrate good VfM and shape management decisions to support sustainability

Who is this Training Course for?

Who Should Attend?

This Value for Money training course is designed for:

  • Finance Managers
  • Financial Controllers
  • Management Accountants
  • Budget Managers
  • Internal Auditors
  • External Auditors
  • Procurement Managers
  • Commercial Managers
  • Performance Managers
  • Programme and Project Managers
Learning Approach

How will this Training Course be Presented?

This Value for Money training course will apply a range of established adult learning methods to maximise participants’ understanding, comprehension and retention of the material delivered. These methods include case studies drawn from various sectors, group discussions, group work, interactive exercises and videos. Pre- and post-course assessments will also be provided to strengthen participants’ learning outcomes and evaluate the effectiveness of the training.

The Course Content

Introduction to the Value for Money (VfM)

  • Concept & Importance of VfM
  • The Process & Approaches of VfM
  • Methods of using a VfM Framework
  • The principles of VfM
  • Best practice for VfM

Tools for Value for Money (VfM)

  • Measuring and achieving VfM
  • Performance measurement when using VfM tools
  • Economy, Efficiency and Effectiveness (3Es)
  • Managing key drivers, outputs, outcomes and impacts
  • Applying management costs on VfM

Managing Costs

  • Identifying & calculating unit costs
  • Linking unit costs to outputs and outcomes
  • The difference between financial and economic costs
  • Social Return on Investment (SROI) and cost-benefit
  • Cost Effectiveness Analysis and Cost Utility analysis

Managing Efficiency and Effectiveness

  • Identifying indicators and measurement processes
  • Accounting for social, economic and environmental
  • Multi Criteria Appraisal
  • Measuring efficiency within your organisation
  • Measuring effectiveness within your organisation

Maximisation of Value for Money (VfM)

  • Structures and resources to support improved VfM
  • Tools and techniques to communicate good VfM
  • Managing for VfM in decision-making process
  • Improving applied VfM skills
  • How to maximise the VfM in your organisation
Recognition

Certificate

  • • Wallstreet Development Academy Certificate of Completion for delegates who attend and complete the training course.

Frequently Asked Questions

The course focuses on Value for Money and the best practices used to maximise it. Its central theme is how VfM can be approached more effectively. Specific topics or agenda items are not provided in the course description.
The main objective is to support the maximisation of Value for Money through best practices. The course is designed around improving how participants understand and approach VfM. No additional learning objectives are specified in the provided material.
The course focuses on building the ability to understand and apply best practices related to Value for Money. It is intended to strengthen participants’ approach to maximising VfM. Specific technical or professional competencies are not listed.
The course level is not specified in the available information. Its broad focus on Value for Money and related best practices may be relevant to learners seeking either foundational understanding or improvement in their current approach. No prerequisites or required level of experience are stated.
You will learn about best practices for maximising Value for Money. The training is centred on strengthening your understanding of VfM and how it can be improved. The available course information does not identify specific tools, models or case studies.
Yes, maximising Value for Money is the course’s stated focus. It addresses best practices connected with achieving that aim. The description does not provide details of the individual methods covered.
The course is relevant to people who want to improve their understanding of Value for Money and its maximisation. It may suit professionals seeking best-practice guidance on this subject. The provided course information does not name particular roles, sectors or experience levels.
The course description does not name any specific frameworks or tools. It states that the training focuses on best practices for maximising Value for Money. Further detail about the methods or resources used is not provided.