Doing Cost-Benefit Analysis

The table below outlines the different ways in which cost-benefit analysis can be used.

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The stages in undertaking a cost-effectiveness analysis are as follows:

1. Define intervention, its objectives and the mechanism through which inputs have led to impacts and outcomes

2. Identify inputs

3. Identify outputs and outcomes

4. Quantify inputs

5. Quantify attributable outcomes

6. Value inputs

7. Compare input costs with outputs and outcomes

   • Value outcomes

   • Compare costs with benefits

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