Value for Money
Value for Money (VfM) is a key priority for Wulvern and we are committed to ensuring that all our stakeholders receive the best value from us.
We believe that VfM is about achieving outcomes which deliver the maximum benefit with the resources we have available.
It’s about achieving the right balance between economy, efficiency and effectiveness. When making decisions we consider...
Economy - the price we pay for what goes into providing a service
Efficiency - how much is gained from what we put in
Effectiveness - the impact of what we achieve
VfM is achieved where there is relatively low costs, high productivity and successful outcomes.
We are always looking for new ideas and suggestions for how we can improve value for money.
Do you have any ideas or suggestions for how we can improve VfM? If so we want to hear from you, please email us today firstname.lastname@example.org we look forward to hearing your thoughts!