This paper reviews different valuation techniques from a range of academic disciplines and looks at their challenges and potential usefulness.
This paper has been commissioned by the Department for International Development to answer 2 main questions:
What different methods and approaches can be used to estimate the value of evaluations before commissioning decisions are taken and what tools and approaches are available to assess the value of an already concluded evaluation?
How can these approaches be simplified and merged into a practical framework that can be applied and further developed by evaluation commissioners to make evidence-based decisions about whether and how to evaluate before commissioning and contracting?
Barr, J. ; Rinnert, D. ; Lloyd, R. ; Dunne, D. and Henttinen, A. The Value of Evaluation: Tools for Budgeting and Valuing Evaluations. Department for International Development, London (2016) 52p