26 February 2020
The project for a Global Health Campus, a new building to host the Global Fund and other key players in the area of global health, was completed on time and has registered significant cost savings. OIG review estimated savings of US$43.5 million over a ten-year period, compared to planned savings of US$28.6 million. An effective governance structure, regular monitoring and timely mitigation of emerging issues and risks, and an efficient office move contributed to these results. There is strong contract and performance management of service providers.
Gaps in the governance framework and operational procedures, however, are hampering structured oversight and decision making. A Business Continuity Plan is required to ensure recovery of key business activities during emergency or disaster, and control weaknesses in the management of assets may result in missing assets going undetected.