What You'll Learn
Course Benefits
Industry Certification
Internationally recognized qualification
Expert Instructors
Learn from industry professionals
Dedicated Support
Assistance during and after training
Practical Skills
Apply knowledge immediately
Course Overview
FeaturedThis course provides participants with practical skills and tools to apply Value for Money (VfM) principles in project management. It introduces the 4Es framework—Economy, Efficiency, Effectiveness, and Equity—and demonstrates how these concepts are applied in real-world project contexts to maximize impact, accountability, and sustainability. Participants will learn how to design VfM frameworks, collect and analyze data, and report results to stakeholders, including donors and management teams. Practical case studies are embedded to ensure skills can be directly applied to projects and programmes across sectors.
Duration
5 Days
Who Should Attend
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Project and programme managers
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Monitoring & Evaluation (M&E) professionals
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Finance managers and auditors
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Donor agency and NGO staff
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Public sector officials involved in project oversight
Course Impact
Organisation Impact
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Improved accountability and transparency in project delivery
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Better alignment of projects with donor and stakeholder expectations
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Optimized use of financial and human resources for greater results
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Strengthened credibility and trust with partners and funders
Individual Impact
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Enhanced skills in applying VfM frameworks and assessment tools
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Greater ability to balance cost with results and impact
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Increased confidence in reporting VfM to donors and stakeholders
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Stronger career prospects in project management and evaluation
Course Objectives
By the end of this course, participants will be able to:
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Understand and apply the principles of Value for Money in project management
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Design VfM frameworks that integrate the 4Es (Economy, Efficiency, Effectiveness, Equity)
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Use quantitative and qualitative tools for assessing VfM in projects
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Integrate VfM analysis into project planning, monitoring, and reporting
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Communicate VfM findings to stakeholders clearly and effectively
Course Outline
Module 1: Introduction to Value for Money (VfM) in Project Management
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Defining VfM: the 4Es framework
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Why VfM matters in donor-funded and public projects
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Case study: Applying VfM principles in a social development project
Module 2: Designing a VfM Framework
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Integrating VfM into project design and planning
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Linking VfM indicators to objectives and outcomes
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Case study: Developing a VfM framework for an education programme
Module 3: Tools and Techniques for VfM Assessment
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Cost-benefit and cost-effectiveness analysis
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Benchmarking, scorecards, and qualitative assessments
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Case study: VfM assessment in a health sector project
Module 4: Monitoring, Evaluation, and Reporting on VfM
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Incorporating VfM into monitoring and reporting systems
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Data collection, analysis, and visualization for VfM reporting
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Case study: Donor reporting with embedded VfM analysis
Module 5: Embedding VfM in Organizational Culture
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Institutionalizing VfM practices across project cycles
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Challenges, opportunities, and best practices for sustainability
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Case study: Lessons learned from integrating VfM in large-scale infrastructure projects
Prerequisites
Course Administration Details
Customized Training
This training can be tailored to your institution needs and delivered at a location of your choice upon request.
Requirements
Participants need to be proficient in English.
Training Fee
The fee covers tuition, training materials, refreshments, lunch, and study visits. Participants are responsible for their own travel, visa, insurance, and personal expenses.
Certification
Upon successful completion of this course, participants will be issued with a certificate from Ideal Workplace Solutions certified by the National Industrial Training Authority (NITA) under License NO: NITA/TRN/2734.
Accommodation
Accommodation can be arranged upon request. Contact via email for reservations.
Payment
Payment should be made before the training starts, with proof of payment sent to outreach@idealworkplacesolutions.org.
For further inquiries, please contact us on details below:
Email: outreach@idealworkplacesolutions.org
Mobile: +254759708394
Register for the Course
Select a date and location that works for you.
In-Person Training Schedules
January 2026
| Date | Days | Venue | Fee (VAT Incl.) | Register |
|---|---|---|---|---|
| 5 Jan - 9 Jan 2026 | 5 days | Nairobi, Kenya | KES 99,000 | USD 1,400 | Enroll Now |
| 5 Jan - 9 Jan 2026 | 5 days | Cape Town, South Africa | USD 3,500 | Enroll Now |
| 5 Jan - 9 Jan 2026 | 5 days | Dubai, United Arabs Emirates | USD 4,000 | Enroll Now |
| 5 Jan - 9 Jan 2026 | 5 days | Zanzibar, Tanzania | USD 2,200 | Enroll Now |
| 12 Jan - 16 Jan 2026 | 5 days | Mombasa, Kenya | KES 115,000 | USD 1,500 | Enroll Now |
| 12 Jan - 16 Jan 2026 | 5 days | Kigali, Rwanda | USD 1,800 | Enroll Now |
| 12 Jan - 16 Jan 2026 | 5 days | Accra, Ghana | USD 5,950 | Enroll Now |
| 12 Jan - 16 Jan 2026 | 5 days | Kampala, Uganda | USD 2,200 | Enroll Now |
| 19 Jan - 23 Jan 2026 | 5 days | Dar es Salaam, Tanzania | USD 2,000 | Enroll Now |
| 19 Jan - 23 Jan 2026 | 5 days | Johannesburg, South Africa | USD 3,100 | Enroll Now |
| 19 Jan - 23 Jan 2026 | 5 days | Nakuru, Kenya | KES 105,000 | USD 1,400 | Enroll Now |
| 19 Jan - 23 Jan 2026 | 5 days | Dakar, Senegal | USD 3,500 | Enroll Now |
| 26 Jan - 30 Jan 2026 | 5 days | Pretoria, South Africa | USD 3,100 | Enroll Now |
| 26 Jan - 30 Jan 2026 | 5 days | Kisumu, Kenya | KES 105,000 | USD 1,500 | Enroll Now |
| 26 Jan - 30 Jan 2026 | 5 days | Naivasha, Kenya | KES 105,000 | USD 1,400 | Enroll Now |
| 26 Jan - 30 Jan 2026 | 5 days | Arusha, Tanzania | USD 2,000 | Enroll Now |
USD 1,400
Request Custom Training
We offer customized training solutions tailored to your organization's specific needs:
- Training at your preferred location
- Customized content to address your specific challenges
- Flexible scheduling to accommodate your team
- Cost-effective solution for training multiple employees
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Training on Value for Money Assessment Practice in Project Management
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