Illustrative Reference profiles for a generic digital health care organization, not official job descriptions. About this reference.

Creating value for money

Creating value for money involves making the right choices for the right reasons, balancing return on investment and value for the user and the organisation.

Quoted from the UK GDaD PCF.

Levels

1. Awareness

You can:

  • clearly describe the value of your work
  • determine or estimate the benefits your work is expected to deliver
  • identify opportunities for reuse, saving time and money
2. Working

You can:

  • estimate the value of each item on your roadmap
  • compare effort to value when deciding priorities
  • decide when it's appropriate to reuse something, and when it's not
  • decide how and when to escalate risk in achieving value
  • discuss estimates with stakeholders to validate understanding
  • analyse the benefit of investment against anticipated outcomes
3. Practitioner

You can:

  • advocate for user needs, ensuring user value is balanced against cost and value for the organisation
  • determine the benefit of a product and persuade others it's the right product to use
  • write or contribute to business cases
  • communicate business-value propositions
  • help others make value-based decisions, influencing the direction of development
4. Expert

You can:

  • develop and own a business case and iterate it throughout the life cycle
  • coach others on identifying benefits whilst balancing user and business needs
  • communicate the delivery of incremental value
  • build the case for an organisational approach to value through product strategy
  • coach and empower teams to take a value for money approach

Contains public sector information from the UK Government Digital and Data Profession Capability Framework (https://understand-digital-data-roles-skills.service.gov.uk/), licensed under the Open Government Licence v3.0. © Crown copyright.

Closest ESCO skills

Contains ESCO v1.2.1 data (https://esco.ec.europa.eu/). © European Union. Reuse authorised under Commission Decision 2011/833/EU.

Role levels that expect this skill

Role levelRoleBandExpected level
Category manager (digital and technology)Category manager8aPractitioner
Senior category managerCategory manager8bExpert
Head of categoryCategory manager8cExpert
Lead contract managerContract manager8bPractitioner
Deputy director of financeHead of finance8dExpert
Director of financeHead of finance9Expert
Head of procurementHead of procurement8cExpert
Head of commercialHead of procurement8dExpert
Director of procurement and commercialHead of procurement9Expert
Senior management accountantManagement accountant7Working
Finance business partnerManagement accountant8aPractitioner
Head of management accountsManagement accountant8bPractitioner
BuyerProcurement officer4Awareness
Procurement officerProcurement officer5Working
Senior procurement officerProcurement officer6Practitioner
Associate product managerProduct manager6Awareness
Product managerProduct manager7Working
Senior product managerProduct manager8aPractitioner
Lead product managerProduct manager8bPractitioner
Head of productProduct manager8cExpert