Value-for-money discourse : risks and opportunities for R4D

French version available in IDRC Digital Library: Optimisation des ressources : risques et possibilités pour la recherche au service du développementThis brief examines the value-for-money (VfM) discourse, including VfM in international development and challenges of articulating VfM in research for development (R4D). It provides four practical measures R4D can use to articulate VfM, and provides some questions that can help in assessing VfM in R4D. The term (VfM) is now common in both private and public sectors, and is becoming synonymous with accountability and transparency. An example of VfM assessment – as process, could be based on a portfolio of projects; this could encompass risks, recognizing that partial success and even failure, are vital parts of the learning process