A government is trying to assess schools by using a range offinancial and non- financial factors. One of the chosen methods is thepercentage of students passing five exams or more. Which of the threeEs in the value for money framework is being measured here?a) Economyb) Efficiencyc) Effectivenessd) Expertise
Question
A government is trying to assess schools by using a range offinancial and non- financial factors. One of the chosen methods is thepercentage of students passing five exams or more. Which of the threeEs in the value for money framework is being measured here?a) Economyb) Efficiencyc) Effectivenessd) Expertise
Solution
The answer is c) Effectiveness. This is because the government is measuring the outcome (i.e., the percentage of students passing five exams or more) of the schools' performance, which relates to the effectiveness of the schools. Effectiveness in the value for money framework refers to the extent to which objectives are achieved and the relationship between the intended and actual impact of an activity.
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