Value for Investment Resources

Practical guide:

King, J. & OPM (2018). OPM’s approach to assessing value for money – a guide. Oxford: Oxford Policy Management Ltd.


NEW: King, J. (2019). Evaluation and Value for Money: Development of an approach using explicit evaluative reasoning. (Doctoral dissertation). Melbourne, Australia: University of Melbourne.

King, J. (2017). Using Economic Methods EvaluativelyAmerican Journal of Evaluation38(1), 101–113. 

King, J. (2015). Use of cost-benefit analysis in evaluation. Letter to the editor. Evaluation Journal of Australasia, 15(3), 37-41.

King, J., McKegg, K., Oakden, J., Wehipeihana, N. (2013). Rubrics: A method for surfacing values and improving the credibility of evaluationJournal of MultiDisciplinary Evaluation, 9(21), 11-20.

King, J. (2016). Value for Investment: A practical evaluation theory. (e-book based on a presentation at the 2015 American Evaluation Association Conference, Chicago). Auckland: Julian King & Associates Ltd.


NEW: King, J. (2019). Economic methods used in service to evaluation. Evaluation Journal of Australasia, 19(3). In press.

NEW: FSD Africa. (2018). VfM Framework. Prepared for FSDA by Oxford Policy Management Ltd and Julian King & Associates Ltd. 

NEW: FSD Africa. (2018). VfM Design, Analysis and Reporting: A Practical Guide. Prepared for FSDA by Oxford Policy Management Ltd and Julian King & Associates Ltd. 

King, J., Allan, S. (2018). Applying Evaluative Thinking to Value for Money: The Pakistan Sub-National Governance Programme. Evaluation Matters—He Take Tō Te Aromatawai, 4, pp. 207-235.

King, J., Guimaraes, L. (2016). Evaluating Value for Money in International Development: The Ligada Female Economic Empowerment Program. eVALUation Matters, Third Quarter, 2016, pp. 58-69. Africa Development Bank.

King, J. (2019). Evaluation and Value for Money. Presentation at Australian Evaluation Association Conference, Sydney.

Kinnect group & Foundation North. (2016). Kia E Te Whakangao: Māori & Pacific Education Initiative Value for investment evaluation report. Auckland: Foundation North.

Oakden, J., King, J. (2018). Evaluation, in M. Tolich & C. Davidson (Eds.). Social science research in New Zealand: An introduction (3rd ed; pp. 180-193). Auckland, New Zealand: Auckland University Press.

OPM. (2018). In Depth: OPM’s approach to assessing value for money. Oxford: Oxford Policy Management Ltd.


Evaluating VFM in public services

Economic methods of evaluation

4Es and VFM

VFM criteria

Rubrics and subjectivity

VFM: some recommendations

Value for money approach for the FSD network

Rocket espresso

Economic methods of evaluation – recommended reading:

Drummond, M. F., Sculpher, M. J., Torrance, G. W., O’Brien, B. J., & Stoddard, G. L. (2005). Methods for the economic evaluation of health care programs. Oxford, England: Oxford University Press. 

Levin, H.M., McEwan, P.J. (2001). Cost-Effectiveness Analysis. 2nd Ed. Thousand Oaks: Sage. 


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