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Duration 21 hours
Course Outline
Introduction to Cost-Effectiveness Analysis
- The significance and benefits of adopting a cost-effectiveness mindset
- Distinguishing cost-effectiveness from other assessment methodologies
- Specifying alternatives and framing decision-making inquiries
Recognizing and Measuring Costs
- Direct, indirect, and opportunity costs
- Techniques for cost classification and distribution
- Leveraging cost data in comparative evaluations
Recognizing and Measuring Outcomes
- Varieties of outcomes across different industries and settings
- Measuring performance, benefits, or impacts
- Integrating qualitative outcomes into structured analysis
Cost-Effectiveness Ratios and Comparative Evaluation
- Calculating average cost-effectiveness ratios
- Interpretation of ratios to aid decision-making
Decision Models and Analytical Methods
- Utilizing decision matrices and scoring models
- Conducting sensitivity analysis on critical variables
- Constructing 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 review
Presenting and Conveying Findings
- Developing concise evaluation summaries
- Visualizing comparisons and key insights
- Substantiating recommendations with empirical evidence
Practical Workshop: Executing a Comprehensive Cost-Effectiveness Evaluation
- Analyzing a scenario with multiple options
- Implementing analytical steps from start to finish
- Producing a decision-focused evaluation report
Recap and Future Directions
Requirements
- A solid grasp of core financial or analytical principles
- Prior experience in assessing project options or alternatives
- Proficiency in basic quantitative reasoning
Target Audience
- Professionals engaged in decision analysis processes
- Managers tasked with reviewing project or investment choices
- Analysts providing support for business, technical, or policy-related decisions
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