Get in Touch

Course Outline

Foundamentals of Cost-Effectiveness Analysis

  • The role and advantage of cost-effectiveness reasoning
  • Distinguishing cost-effectiveness from other assessment techniques
  • Identifying options and framing decision-making queries

Recognising and Calculating Costs

  • Direct, indirect, and opportunity expenses
  • Methods for cost categorisation and distribution
  • Integrating cost data into comparative reviews

Recognising and Calculating Outcomes

  • Variations in outcomes across different sectors and settings
  • Measuring performance, benefits, or impact
  • Incorporating non-quantifiable outcomes into structured analysis

Cost-Effectiveness Ratios and Comparative Reviews

  • Average cost-effectiveness metrics
  • Incremental cost-effectiveness metrics
  • Applying ratios to aid decision-making

Decision Models and Analytical Methods

  • Utilising decision matrices and scoring frameworks
  • Conducting sensitivity analyses on critical factors
  • Developing scenarios and comparing alternatives

Uncertainty, Assumptions, and Verification

  • Managing data deficiencies and limited information
  • Evaluating the stability of cost and outcome inputs
  • Confirming findings for stakeholder scrutiny

Sharing and Communicating Findings

  • Crafting concise evaluation summaries
  • Displaying comparisons and key insights visually
  • Backing recommendations with robust evidence

Practical Workshop: Executing a Complete Cost-Effectiveness Review

  • Analysing a multi-option situation
  • Implementing full-scope analytical procedures
  • Developing a decision-focused evaluation report

Conclusions and Future Directions

Requirements

  • A grasp of core financial or analytical principles
  • Prior experience in assessing project choices or alternatives
  • Competence in fundamental quantitative logic

Target Audience

  • Specialists engaged in decision analysis
  • Leaders tasked with reviewing project or investment opportunities
  • Analysts providing support for business, technical, or policy-related decisions
 21 Hours

Number of participants


Price per participant

Testimonials (2)

Upcoming Courses

Related Categories