Maximising public value through better data and evaluation

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1. Value for money should be considered throughout the policy cycle

The ROAMEF cycle with a diagonal line across it. To the right an arrow points at the ROAMEF cycle, with the text 'Evidence, theory and reasoning on expected value for money. On the left and arrow points away from the ROAMEF cycle with the text 'Evidence and learning on realised value for money'.

2. Rubric graphic

A conceptual diagram using a prism to show how evidence is transformed into judgment. A multicolored beam labeled "Evidence" enters a triangular prism, which then focuses and emits a single beam labeled "Judgement." Below the prism is a rubric table used for evaluation. The table lists five Criteria (Economy, Efficiency, Effectiveness, Cost-effectiveness, Equity) against four Standards (Excellent, Good, Adequate, Poor).

3. Value for Investment

A horizontal flow diagram titled "Value for Investment," illustrating an 8-step process for program design and evaluation.

The DESIGN phase includes four steps:

1. Understand the program, including its value proposition and theory of change.

2. Criteria, defining aspects of value creation like equity and effectiveness.

3. Standards, defining levels of good resource use, such as "excellent" or "poor."

4. Evidence needed, which includes methods for collecting credible evidence to address the criteria.

The EVALUATION phase includes four steps: 5. Gather evidence through descriptive analysis. 6. Analysis of causality and contribution. 7. Synthesis & Judgement, bringing evidence together to make evaluative judgments. 8. Reporting, which answers questions like "How is value created?" and "How well are resources used?"

The diagram concludes with four guiding principles for the process: "inter-disciplinary," "mixed methods," "evaluative reasoning," and "participatory."

4. Evaluative reasoning at all stages of the policy cycle

A diagram titled "Evaluative reasoning at all stages of the policy cycle." A six-step ROAMEF cycle is at the center, surrounded by descriptions of each stage.

1. Developing policy options: Includes the theory of change and insights from past evaluations.

2. Business Case design: Explicit value proposition and initial evaluation design.

3. Decision: Leading to a better-informed and better-formed decision.

4. Detailed design: Including the monitoring, evaluation, and learning framework.

5. Implementation: Real-time monitoring and learning for adaptive management.

6. Post-implementation: Summative impact and meta-evaluation.

5. Resulting in enhanced VfM across the policy cycle

A diagram titled "Resulting in enhanced VfM across the policy cycle." A six-step ROAMEF cycle is at the center, surrounded by descriptions of the results of enhanced value for money at each stage. The stages and key results are:

1. Developing policy options: making better informed assessments.
   
   
2. Business Case design: setting realistic objectives.
   
   
3. Decision: funding the right projects.
   
   
4. Detailed design: setting up monitoring and evaluation for success.
   
   
5. Implementation: enabling real-time performance tracking and course correction.
   
   
6. Post-implementation: informing future projects and building a culture of accountability.