VALUE ASSURANCE (Value for Money VfM)


FROM “WHAT WAS SPENT?” TO “WHAT VALUE WAS CREATED?”

Funding and expenditure matter.

Completion matters.

But neither alone demonstrates value.

HSD helps stakeholders examine the relationship between resources, activities, outputs, outcomes, evidence and sustainable value.

THE VALUE CHAIN


INPUT

What resources were committed?

ACTIVITY

What was undertaken?

OUTPUT

What was delivered?

OUTCOME

What changed?

SUSTAINABILITY

Can the results continue?

VALUE

What meaningful benefit was created?

WHAT WE HELP ASSURE


RELEVANCE

Is the initiative addressing a genuine need?

QUALITY

Was delivery at the required level?

PERFORMANCE

Was implementation consistent with expectations?

EVIDENCE

Can reported results be supported?

OUTCOMES

Did intended results occur?

SUSTAINABILITY

Can the value be maintained?

ACCOUNTABILITY

Can stakeholders understand what was promised, delivered and achieved?

VALUE IS MORE THAN COMPLETION

An initiative can be:

Completed — but ineffective.

Funded — but poorly targeted.

Delivered — but below required quality.

Reported — but insufficiently evidenced.

Successful — but not sustainable.

Therefore:

ACTIVITY ≠ VALUE

EVIDENCE BEFORE CONCLUSION


CLAIM

What is being reported?

EVIDENCE

What supports it?

VERIFICATION

What can be independently assessed within scope?

CONCLUSION

What can responsibly be reported?

VALUE THROUGH THE LIFECYCLE


BEFORE

Is the proposition capable of creating value?

DURING

Is implementation progressing as intended?

AFTER

What was delivered and achieved?

BEYOND

Can the value be sustained?

THE ULTIMATE QUESTION

DID THE INITIATIVE CREATE THE VALUE IT WAS INTENDED TO CREATE?


HSD helps stakeholders move closer to an answer through a structured, independent and evidence-based approach.