Course Outline
Introduction to Cost-Effectiveness Analysis
- Purpose and value of cost-effectiveness thinking
- Comparing cost-effectiveness with other evaluation methods
- Defining alternatives and structuring decision questions
Identifying and Measuring Costs
- Direct, indirect, and opportunity costs
- Cost classification and allocation strategies
- Using cost data in comparative assessments
Identifying and Measuring Outcomes
- Outcome types across industries and contexts
- Quantifying performance, benefits, or impact
- Handling qualitative outcomes in structured analysis
Cost-Effectiveness Ratios and Comparative Analysis
- Average cost-effectiveness ratios
- Incremental cost-effectiveness ratios
- Interpreting ratios for decision support
Decision Frameworks and Analytical Techniques
- Decision matrices and scoring systems
- Sensitivity testing for key variables
- Scenario-building and alternative comparisons
Uncertainty, Assumptions, and Validation
- Addressing data gaps and imperfect information
- Testing robustness of cost and outcome inputs
- Validating conclusions for stakeholder review
Presenting and Communicating Results
- Structuring clear evaluation summaries
- Visualizing comparisons and insights
- Supporting recommendations with evidence
Applied Workshop: Completing a Full Cost-Effectiveness Assessment
- Examining a multi-option scenario
- Applying end-to-end analytical steps
- Preparing a decision-oriented evaluation output
Summary and Next Steps
Requirements
- An understanding of fundamental financial or analytical concepts
- Experience with evaluating project options or alternatives
- Familiarity with basic quantitative reasoning
Audience
- Professionals involved in decision analysis
- Managers responsible for evaluating project or investment options
- Analysts supporting business, technical, or policy decisions
Testimonials (4)
Practical exercises. Q&A session at the end regarding how this can be applied in our organization.
Franciszek - Bank Millennium S.A.
Course - Business Analysis, BABOK V3.0 and IIBA Certification Preparation
exercises made with the comments of trainer
Ewa Korol - Narodowy Fundusz Zdrowia
Course - Modelowanie procesów biznesowych z wykorzystaniem UML i BPMN
I like the simple but informative example codes.
Yue Wang - DBS Bank Ltd
Course - Design Patterns
trainer's knowledge and ease to discuss - awesome flow