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Course Outline
Foundations of Cost-Effectiveness Analysis
- The purpose and strategic value of cost-effectiveness thinking
- Distinguishing cost-effectiveness from other evaluation approaches
- Defining options and structuring the core decision question
Recognizing and Measuring Costs
- Understanding direct, indirect, and opportunity costs
- Strategies for cost classification and allocation
- Utilizing cost data for comparative evaluation
Recognizing and Measuring Outcomes
- Types of outcomes across different industries and settings
- Quantifying performance metrics, benefits, or impacts
- Incorporating qualitative results into structured analysis
Cost-Effectiveness Ratios and Comparative Evaluation
- Calculating average cost-effectiveness ratios
- Computing incremental cost-effectiveness ratios
- Interpreting ratios to guide decision-making
Decision-Making Frameworks and Analytical Tools
- Utilizing decision matrices and scoring systems
- Conducting sensitivity tests on critical variables
- Building scenarios and comparing alternatives
Managing 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 Findings
- Creating clear and concise evaluation summaries
- Visualizing comparisons and key insights
- Backing recommendations with solid evidence
Practical Workshop: Executing a Comprehensive Cost-Effectiveness Assessment
- Analyzing a complex, multi-option scenario
- Implementing end-to-end analytical procedures
- Developing a decision-focused evaluation report
Conclusion and Future Directions
Requirements
- A solid grasp of core financial or analytical principles
- Experience in assessing project options or alternatives
- Proficiency in basic quantitative reasoning
Target Audience
- Professionals engaged in decision analysis
- Managers tasked with evaluating project or investment choices
- Analysts supporting business, technical, or policy decisions
21 Hours
Testimonials (2)
The trainer shared his knowledge and led great atmosphere.
Agnieszka Dubanska - Narodowy Fundusz Zdrowia
Course - Modelowanie procesów biznesowych z wykorzystaniem UML i BPMN
the lessons