Get in Touch
 Duration 21 hours

Course Outline

Introduction to Cost-Effectiveness Analysis

  • The purpose and value of cost-effectiveness thinking.
  • Contrasting cost-effectiveness with other evaluation methodologies.
  • Defining alternatives and structuring decision-making questions.

Identifying and Measuring Costs

  • Direct, indirect, and opportunity costs.
  • Strategies for classifying and allocating costs.
  • Leveraging 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 aid decision-making.

Decision Frameworks and Analytical Techniques

  • Decision matrices and scoring systems.
  • Sensitivity testing for critical variables.
  • Building scenarios 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.
  • Substantiating recommendations with evidence.

Applied Workshop: Conducting a Complete Cost-Effectiveness Assessment

  • Analyzing a multi-option scenario.
  • Applying end-to-end analytical steps.
  • Preparing decision-focused evaluation outputs.

Summary and Next Steps

Requirements

  • A solid grasp of basic financial or analytical principles.
  • Prior experience in assessing project options or alternatives.
  • Familiarity with fundamental quantitative reasoning.

Target Audience

  • Professionals engaged in decision analysis.
  • Managers tasked with evaluating project or investment choices.
  • Analysts supporting business, technical, or policy-related decisions.

Number of participants


Price per participant

Testimonials (2)

Upcoming Courses

Related Categories