Value for Money at Mercy Corps
Guidance
October 15, 2025
Value for Money - Guidance
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This document presents a short version of the Value for Money (VfM) guidance utilized at Mercy Corps. It emphasizes the importance of VfM for financial accountability and for designing impactful interventions within constrained budgets. The guidance explores how VfM should be embedded throughout all phases of the programme cycle, and presents the approach (5Es, defined below) and analytical methodology adopted at Mercy Corps.
The 5Es are:
- Economy
- Efficiency
- Effectiveness
- Cost-Effectiveness
- Equity