| Description |
1 online resource (299 p.) |
| Contents |
Cover -- Half Title Page -- Title Page -- Copyright -- Dedication -- Foreword -- Preface -- Contents -- I. The Why, the Types, and the Tools of Cost-Inclusive Evaluation -- 1. Cost-Inclusive Evaluation -- Cost Data: The Lifeblood of Cost-Inclusive Decision Making -- Why Consider Costs in Evaluations? -- Implicit Inclusion of Costs in All Evaluations -- Dangers of Not Making Costs Explicit in Program Evaluations -- Current Use of Cost-Inclusive Evaluations by Funding Decision Makers -- Why Many Program Evaluators Are Ideally Positioned to Include Costs in Evaluations |
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Roles for Quantitative, Qualitative, and Mixed Methods -- Resistance to Inclusion of Costs in Evaluation -- Strategies That Can Be Used to Conduct a Cost-Inclusive Evaluation -- Summary -- Discussion Questions -- Appendix 1.1. Free Electronic Resources on Cost Analysis -- Appendix 1.2. Institutions Offering Training in Cost-Benefit Analysis -- 2. Types of Costs and Outcomes That Need to Be Considered in Cost-Inclusive Evaluations -- Fixed Costs versus Variable Costs -- Direct Costs versus Indirect Costs -- Capital Costs versus Recurrent or Operational Costs -- Opportunity Costs -- Sunk Costs |
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Tangible versus Intangible Costs and Outcomes -- Monetary versus Nonmonetary Costs and Outcomes -- Quantitative versus Qualitative Costs and Outcomes -- Other Types of Costs -- When Are Differences in Costs and Outcomes Real? -- Questions about Cost and Outcome Differences -- Distinguishing Effectiveness from Benefits -- Summary -- Discussion Questions -- 3. Tools for Identifying and Measuring Costs and Outcomes and Other Issues for Consideration -- Challenges with Gathering Cost Data -- Double Counting and Its Implications -- Costs Identification Tools -- Outcomes Identification Tools |
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Macro-, Meso-, and Micro-Level Program Operation and Evaluation -- Why Budgets and Accounting Records Are Often Not Enough -- Ethics and Cost-Inclusive Evaluation -- Common Traps and Pitfalls -- Summary -- Discussion Questions -- II. Adapting Economic Methods to Enhance Cost-Inclusive Evaluation -- 4. Economic Appraisal Methodologies -- Evolution and Development of Cost Analysis -- Traditional Economic Frameworks -- Time Preference and Discounting -- Net Present Value -- Cost-Benefit Analysis -- Internal Rate of Return -- Payback Period and Discounted Payback Period -- Cost-Effectiveness Analysis |
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Cost-Feasibility Analysis -- Cost-Utility Analysis -- Return on Investment -- Surrogate Market Valuation Methodologies -- Advantages and Disadvantages of Different Economic Appraisal Methods -- Summary -- Discussion Questions -- Economic Appraisal Formulas -- Appendix 4.1. Executive Order 12291 -- Appendix 4.2. Present-Value Discount Tables -- 5. Considerations When Using Economic Appraisal Methods -- Which Cost-Analytical Methodology Is Best? -- Perspective for the Study -- When Different Stakeholders Prefer Different Cost-Analytical Frameworks |
| Notes |
Description based upon print version of record |
|
When Stakeholders Wish to Exclude Some Costs, Benefits, Effectiveness Measures, or Cost-Analytical Frameworks |
| Subject |
Cost effectiveness.
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Value analysis (Cost control)
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cost benefit analysis.
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Cost effectiveness
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Value analysis (Cost control)
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| Form |
Electronic book
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| Author |
Yates, Brian T
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Scriven, Michael
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| ISBN |
9781462551279 |
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1462551270 |
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