Get in Touch
 Duration 21 hours

Course Outline

Introduction to Cost-Effectiveness Analysis

  • The role and benefits of cost-effectiveness thinking
  • Contrasting cost-effectiveness with other assessment methods
  • Outlining alternatives and framing decision-making questions

Recognition and Measurement of Costs

  • Direct, indirect, and opportunity costs
  • Strategies for cost categorization and distribution
  • Integrating cost data into comparative reviews

Recognition and Measurement of Outcomes

  • Types of outcomes across various industries and environments
  • Measuring performance, advantages, or impact
  • Incorporating qualitative outcomes into structured analysis

Cost-Effectiveness Ratios and Comparative Reviews

  • Average cost-effectiveness ratios
  • Incremental cost-effectiveness ratios
  • Interpreting ratios to aid decision-making

Decision-Making Frameworks and Analytical Tools

  • Decision matrices and scoring models
  • Sensitivity analysis for critical variables
  • Developing scenarios and comparing alternatives

Uncertainty, Assumptions, and Verification

  • Managing data limitations and incomplete information
  • Testing the stability of cost and outcome inputs
  • Validating conclusions for stakeholder evaluation

Presentation and Communication of Results

  • Creating concise evaluation summaries
  • Visualizing comparisons and key insights
  • Backing recommendations with solid evidence

Practical Workshop: Executing a Comprehensive Cost-Effectiveness Evaluation

  • Analyzing a scenario with multiple options
  • Implementing end-to-end analytical procedures
  • Drafting a decision-focused evaluation report

Recap and Future Steps

Requirements

  • Proficiency in core financial or analytical principles
  • Prior experience in assessing project options or alternatives
  • Basic knowledge of quantitative logic

Target Audience

  • Specialists engaged in decision analysis
  • Leaders tasked with reviewing project or investment opportunities
  • Analysts assisting with business, technical, or policy-related choices

Number of participants


Price per participant

Testimonials (2)

Upcoming Courses

Related Categories