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Cost-benefit analysis

Broad approach

Specific approach

What would it involve?

Policy implications?

Could it be done by a local partnership?

Cost-benefit analysis

11) Undertaking cost-benefit analysis for a specific project or initiative using costs of crime taken from national research

Identify direct and indirect inputs. Evaluate project to ascertain crime reduction impact. Calculate cost of crimes reduced using standard costs of crime from studies such as recent Home Office research. Estimate cost-benefit ratios.

Could be used as an evaluative policy tool to ascertain whether resource allocations made in the past delivered net savings.

Could be used to evaluate flagship projects

Yes – no more difficult than 9

12) Undertaking cost-benefit analysis for a specific project or initiative using locally estimated costs of crime.

As 11) but using data gathered during the exercises described in either 6) or 7) to estimate costs and hence cost-benefit ratios.

As above but with more accuracy and certainty.

Probably no – identifying local costs of crime would be extremely difficult

13) Undertaking cost-benefit analysis of different mainstream service contributions to a particular strategic priority using costs of crime taken from national research

The process to be followed would be the same as 10). Then calculate cost of crimes reduced using standard costs of crime from studies such as recent Home Office research. Estimate cost-benefit ratios of different contributions.

An evaluative policy tool to be used when developing new strategies and deciding new priorities.

Probably no – see 10

14) Undertaking cost-benefit analysis of different mainstream service contributions to a particular strategic priority using locally estimated costs of crime.

As above, but using data gathered during the exercises described in either 6) or 7) to estimate costs and hence cost-benefit ratios.

As above but with more accuracy and certainty.

No

 

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