Monitoring and Evaluation: Achieving Better Value-for-Money and Innovating from Experience


29 November 2016

9:00 – 16:30


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For enquiries, please contact [email protected].

£200+VAT Member £275+VAT Non Member [Join now to receive the member rate]


This pilot one-day course provides an overview of monitoring and evaluation alongside information on key monitoring and evaluation processes; and uses examples to help illustrate key concepts. It is considered that programme managers and economic development managers will particularly benefit from this course.


Intended Learning Outcomes:

The course will provide participants with an opportunity to develop knowledge, understanding and skills in relation to monitoring and evaluation for economic development.  More specifically on completion of this course, the participant will:

·      Have a working knowledge of the principles upon which the monitoring and evaluation of economic development interventions should be based.

·      Be able to develop a framework for monitoring and evaluating the economic development interventions they are involved in designing or delivering.

·      Be able to assess the evaluation of economic development interventions which are undertaken by outside bodies, such as consultants or other organisations.

·      Be able to contribute to the debate concerning what constitutes 'value for money' with respect to economic development interventions.


The course comprises four sessions:

Session 1 - The Rationale for and Key Concepts in Undertaking Monitoring and Evaluation.

Session 2 - Approaches to Monitoring

Session 3 - Approaches to Appraisal and Evaluation.

Session 4 - Making Effective Use of Monitoring and Evaluation Evidence.


Content of Course Sessions

Session 1 will introduce the Rationale for and Key Concepts in Undertaking Monitoring and Evaluation. This will include:

−     Exploring the rationale for undertaking monitoring and evaluation – with a focus the increased importance of monitoring and evaluation in the context of constrained public finances. 

−     Reflecting on the role of monitoring and evaluation in the project life cycle.

−     Setting out the economic development process (inputs, activities, outputs, outcomes and impacts) as a framework for developing monitoring and evaluation systems. As part of this, key indicator frameworks established by SLAED and Improvement Service will be explored.

−     Discussing how monitoring and evaluation can help support the goals of value-for-money and innovation.

−     Considering how to measure the costs and benefits of economic development interventions and the challenges involved – including the concepts of additionality and deadweight, displacement and substitution and multiplier effects.


Session 2 will explore Approaches to Monitoring in more detail.

−     This session will discuss project monitoring – i.e. the systematic collection and analysis of key performance data over the implementation stage of a project – in more detail. 

−     It will consider both how to decide what to measure and how to collect the data required.


Session 3 will examine Approaches to Appraisal and Evaluation. This session will take a more detailed look at project evaluation, focusing on:

−     The similarities and connections between appraisal and evaluation.

−     The evaluation process and some key evaluation questions (when to evaluate, who should evaluate, etc.). 

−     Approaches to assessing impact, effectiveness and value-for-money including cost benefit analysis (CBA) and cost-effectiveness analysis (CEA).

−     The role of evaluation in helping economic development agencies to understand ‘what works for whom’ (and what doesn’t!) and how to embed this learning into the wider project development, selection and implementation process.


Session 4 will close the workshop with a session on Making Effective Use of Monitoring and Evaluation Evidence.  This will include:

−     Sharing key approaches that will help participants make sense of statistics and qualitative data generated through monitoring and evaluation.

−     Exploring how to ensure the lessons learnt from evaluation are taken forward. 

−     Considering how the findings from monitoring and evaluations can be most effectively shared – and who they should be shared with.

−     Discussing the importance of having a monitoring system in place from the beginning of projects to support performance management.