need support. IRB’s one of the core values as a custodian of Donor fund- best use of money for the optimum outputs and avoiding misuses a single penny. Social and skill development of households and communities will play an important role in sustainable and long term development of the targeted communities and households. Project initiated approaches, skills and technologies will be shared widely and contribute to replication by wider communities as part of the scaling-up and scaling-out strategy of the project. While proposing/ developing new project or program IRB management team has thorough planning process. Participation from different units and IRB’s country office management team meeting together and generate options - implementation approach, logistics and procurement process and other management issues of project. IR Bangladesh always tries to leverage wider result by minimum cost. Decision of Implementation I-MF of PROVED project through SHG- led community approach is best example how IR Bangladesh emphasized the value for money, as this approach delivers I-MF without any operating cost for long sustain development of project beneficiaries and also contributing policy influence involving likeminded organizations. What are the key cost drivers for your organisation and how have you used their measurement to improve the cost-effectiveness of your activities? IRB determined key cost drivers in two ways- a) input costs- can be grouped under Procurement & logistic and Financial and b) deliverables to its clients/ beneficiaries which is project human resources. IRB practices standard procedures to procure any goods or services. Market survey and competitive bidding processes make easy to select suppliers with effective costing and quality goods supply. IR Bangladesh reviewed and updated its procurement policy to make it more standard and IRB’s financial policy and procedures are well developed and deal all financial transaction in transparent manner. IR Bangladesh engages skills and experiences personnel to implement its projects. No additional staffs are deployed in any project unnecessarily. Describe how competition and effective commercial improvement is undertaken to drive improved value for money by your organisation. Islamic Relief Bangladesh estimated for each expenditure of PPA funded PROVED project in very cost-effective manner. IRB practices standard procedures to procure
need support. IRB’s one of the core values as a custodian of Donor fund- best use of money for the optimum outputs and avoiding misuses a single penny. Social and skill development of households and communities will play an important role in sustainable and long term development of the targeted communities and households. Project initiated approaches, skills and technologies will be shared widely and contribute to replication by wider communities as part of the scaling-up and scaling-out strategy of the project. While proposing/ developing new project or program IRB management team has thorough planning process. Participation from different units and IRB’s country office management team meeting together and generate options - implementation approach, logistics and procurement process and other management issues of project. IR Bangladesh always tries to leverage wider result by minimum cost. Decision of Implementation I-MF of PROVED project through SHG- led community approach is best example how IR Bangladesh emphasized the value for money, as this approach delivers I-MF without any operating cost for long sustain development of project beneficiaries and also contributing policy influence involving likeminded organizations. What are the key cost drivers for your organisation and how have you used their measurement to improve the cost-effectiveness of your activities? IRB determined key cost drivers in two ways- a) input costs- can be grouped under Procurement & logistic and Financial and b) deliverables to its clients/ beneficiaries which is project human resources. IRB practices standard procedures to procure any goods or services. Market survey and competitive bidding processes make easy to select suppliers with effective costing and quality goods supply. IR Bangladesh reviewed and updated its procurement policy to make it more standard and IRB’s financial policy and procedures are well developed and deal all financial transaction in transparent manner. IR Bangladesh engages skills and experiences personnel to implement its projects. No additional staffs are deployed in any project unnecessarily. Describe how competition and effective commercial improvement is undertaken to drive improved value for money by your organisation. Islamic Relief Bangladesh estimated for each expenditure of PPA funded PROVED project in very cost-effective manner. IRB practices standard procedures to procure
Narrative%20Report%20of%20PROVED%20Project.docx