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Duration 21 hours
Course Outline
Foundations of Cost-Effectiveness Analysis
- The objective and strategic value of cost-effectiveness thinking
- Distinguishing cost-effectiveness from other evaluation methodologies
- Defining options and framing decision-making queries
Cost Identification and Measurement
- Direct, indirect, and opportunity costs
- Strategies for cost categorization and distribution
- Leveraging cost data in comparative reviews
Outcome Identification and Measurement
- Types of outcomes relevant to different industries and settings
- Measuring performance, advantages, or impact
- Integrating qualitative outcomes into structured evaluations
Cost-Effectiveness Ratios and Comparative Review
- Average cost-effectiveness ratios
- Incremental cost-effectiveness ratios
- Interpreting ratios to aid decision-making
Decision Models and Analytical Methods
- Decision matrices and scoring mechanisms
- Conducting sensitivity analysis on critical variables
- Constructing scenarios and comparing alternatives
Managing Uncertainty, Assumptions, and Verification
- Mitigating data gaps and incomplete information
- Testing the robustness of cost and outcome inputs
- Validating findings for stakeholder review
Reporting and Communication of Findings
- Crafting concise evaluation summaries
- Visualizing comparisons and key insights
- Backing recommendations with empirical evidence
Practical Workshop: Executing a Comprehensive Cost-Effectiveness Evaluation
- Analyzing a multi-option scenario
- Implementing full-cycle analytical steps
- Developing a decision-focused evaluation output
Conclusion and Future Directions
Requirements
- A solid grasp of core financial or analytical principles
- Prior experience in assessing project choices or alternatives
- Proficiency in basic quantitative logic
Target Audience
- Professionals engaged in decision analysis processes
- Managers tasked with assessing project or investment opportunities
- Analysts providing support for business, technical, or policy-level 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