Get in Touch

Course Outline

Introduction to Cost-Effectiveness Analysis

  • The purpose and value of a cost-effectiveness mindset
  • Distinguishing cost-effectiveness from other evaluation methods
  • Defining alternatives and structuring decision-related questions

Identifying and Measuring Costs

  • Direct, indirect, and opportunity costs
  • Strategies for cost classification and allocation
  • Utilizing cost data in comparative assessments

Identifying and Measuring Outcomes

  • Types of outcomes across different industries and contexts
  • Quantifying performance, benefits, or impact
  • Incorporating qualitative outcomes into 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 critical 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 key insights
  • Backing recommendations with evidence

Applied Workshop: Conducting a Full Cost-Effectiveness Assessment

  • Reviewing a multi-option scenario
  • Applying end-to-end analytical steps
  • Preparing an evaluation output focused on decision-making

Summary and Next Steps

Requirements

  • A grasp of basic financial or analytical principles
  • 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 assisting with business, technical, or policy decisions
 21 Hours

Number of participants


Price per participant

Testimonials (1)

Upcoming Courses

Related Categories