Taking part in this exercise will give you the opportunity to:

• self-assess your current performance using indicators the audit agencies see as robust and relevant;
• demonstrate commitment to improving the use of resources;
• highlight areas for improvement;
• compare VfM with other similar organisations; and learn from others and investigate different practices.

It will provide comprehensive comparisons for each of the five areas and for all indicators, showing the organisation’s performance against mean and upper/lower quartile scores for:

• all respondents;
• all respondents in the organisation’s sector (e.g. local government); and
• all respondents in the organisation’s region (e.g. the South West).

The use of good quality information for making decisions, managing performance and demonstrating good value for money for the tax payer is a vital part of the work of public sector organisations.

Source: Value for Money in public sector corporate services: a joint project by the UK public sector audit agencies.