Value for money: Difference between revisions
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imported>Doug Williamson (Classify page.) |
imported>Doug Williamson (Add 2nd definition. Source: Linked pages.) |
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(VFM). | (VFM). | ||
1. ''Public sector - UK.'' | |||
In relation to the UK public sector, the achievement of economy, efficiency and effectiveness in the use of resources. | In relation to the UK public sector, the achievement of economy, efficiency and effectiveness in the use of resources. | ||
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Among its other responsibilities, the UK National Audit Office undertakes value for money audits of UK public sector spending. | Among its other responsibilities, the UK National Audit Office undertakes value for money audits of UK public sector spending. | ||
2. ''Other contexts.'' | |||
Similar concepts in other organisations. | |||
Revision as of 11:25, 13 June 2021
(VFM).
1. Public sector - UK.
In relation to the UK public sector, the achievement of economy, efficiency and effectiveness in the use of resources.
Among its other responsibilities, the UK National Audit Office undertakes value for money audits of UK public sector spending.
2. Other contexts.
Similar concepts in other organisations.
