Thank you for sending your enquiry! One of our team members will contact you shortly.
Thank you for sending your booking! One of our team members will contact you shortly.
Course Outline
Introduction to Cost-Effectiveness Analysis
- The purpose and value of a cost-effectiveness mindset
- Contrasting cost-effectiveness with other evaluation methodologies
- Defining alternatives and structuring decision-related questions
Identifying and Measuring Costs
- Direct, indirect, and opportunity costs
- Strategies for cost classification and allocation
- Leveraging cost data in comparative assessments
Identifying and Measuring Outcomes
- Types of outcomes across various industries and contexts
- Quantifying performance, benefits, or impact
- Managing qualitative outcomes within structured analysis
Cost-Effectiveness Ratios and Comparative Analysis
- Average cost-effectiveness ratios
- Incremental cost-effectiveness ratios
- Interpreting ratios to support decision-making
Decision Frameworks and Analytical Techniques
- Decision matrices and scoring systems
- Sensitivity testing for key variables
- Scenario-building and comparing alternatives
Uncertainty, Assumptions, and Validation
- Addressing data gaps and incomplete information
- Testing the robustness of cost and outcome inputs
- Validating conclusions for stakeholder review
Presenting and Communicating Results
- Structuring clear evaluation summaries
- Visualizing comparisons and insights
- Backing recommendations with evidence
Applied Workshop: Completing a Full Cost-Effectiveness Assessment
- Examining a multi-option scenario
- Applying end-to-end analytical steps
- Preparing a decision-oriented evaluation output
Summary and Next Steps
Requirements
- A solid grasp of basic financial or analytical principles
- Practical experience in assessing project options or alternatives
- Competence in fundamental quantitative reasoning
Target Audience
- Professionals engaged in decision analysis
- Managers tasked with evaluating project or investment choices
- Analysts aiding business, technical, or policy decisions
21 Hours
Testimonials (1)
the lessons