An analytic method in which a program's cost is compared to the program's benefits for a period of time, expressed in dollars, as an aid in determining the best investment of resources For example, the cost of establishing an immunization service might be compared with the total cost of medical care and lost productivity which will be eliminated as a result of more persons being immunized Cost-benefit analysis can also be applied to specific medical tests and treatments
n: Estimates and comparison of short-term and long-term costs (losses) and benefits (gains) from an economic decision If the estimated benefits exceed the estimated costs, the decision to buy an economic good or provide a public good is considered worthwhile
An economic technique applied to public decision-making that attempts to quantify the advantages (benefits) and disadvantages (costs) associated with a particular policy
A comparison of all the costs and benefits of a given activity or program expressed in monetary terms It is used for the allocation of funds in health care services This form of analysis permits one to measure the costs for reaching particular objectives In the case of health programs, benefits are often difficult to express in monetary terms, and furthermore, benefits may extend beyond the achievement of the desired effect, which makes such evaluation difficult
An analysis of the cost of an activity and the benefits (quantitative and/or qualitative) which would accrue from that activity Used as a decision making tool to determine whether or not to pursue the activity
An economic evaluation comparing the costs and consequences of two or more alternatives, where all costs and consequences are converted to money values {4} Use your browser's "BACK" button to return to the page you were viewing previously
A technique used to compare the various costs associated with an investment with the benefits that it proposes to return Both tangible and intangible factors should be addressed and accounted for [GAO]
An economic evaluation that compares therapy involving the proposed drug with therapy involving its main comparator(s) in which both costs and benefits are measured in monetary terms to compute a net monetary gain/loss or benefit gain/loss
In governmental planning and budgeting, the attempt to measure the social benefits of a proposed project in monetary terms and compare them with its costs. The procedure was first proposed in 1844 by Arsène-Jules-Étienne-Juvénal Dupuit (1804-66). It was not seriously applied until the 1936 U.S. Flood Control Act, which required that the benefits of flood-control projects exceed their costs. A cost-benefit ratio is determined by dividing the projected benefits of a program by the projected costs. A wide range of variables, including nonquantitative ones such as quality of life, are often considered because the value of the benefits may be indirect or projected far into the future
The comparison of investment and operating costs with the direct benefits or impact generated by the investment in a given intervention It uses a variety of methods and means of expressing results
A type of analysis that involves comparing the relative costs of operating a programme (programme expenses, staff salaries, etc ) to the benefits (gains to individuals or society) it generates
A formal quantitative procedure comparing costs and benefits of a proposed project or act under a set of preestablished rules To determine a rank ordering of projects to maximize rate of return when available funds are unlimited, the quotient of benefits divided by costs is the appropriate form; to maximize absolute return given limited resources, benefits-costs is the appropriate form
An analysis that compares present values of all benefits less those of related costs when benefits can be valued in dollars the same way as costs A cost-benefit analysis is performed in order to select the alternative that maximizes the benefits of a program Topic areas: Fundraising and Financial Sustainability, Accountability and Evaluation
Assessment of the short-term and long-term costs (losses) and benefits (gains) that arise from an economic decision If the calculated benefits exceed the calculated costs, the decision to buy an economic good or provide a public good is considered profitable
An economic technique in which anticipated private and social costs of a proposed investment, public policy or other activity are weighted against anticipated private and social benefits from the proposed activity
A type of analysis that involves comparing the relative costs of operating a program (program expenses, staff salaries, etc ) to the benefits (gains to individuals or society) it generates
a type of analysis that measures costs and benefits in pecuniary units and computes a net monetary gain/ loss or a cost-benefit ratio (Pharmacoeconomics, 1997) (S3, I 1) chinese | russian
An analytic method, in which a program's cost is compared to the program's benefits for a period of time, expressed in dollars, as an aid in determining the best investment of resources For example, the cost of establishing an immunization service might be compared with the total cost of medical care and lost productivity which will be eliminated as a result of more persons being immunized Cost-benefit analysis can also be applied to specific medical tests and treatments
An appraisal technique that attempts to place values on all benefits arising from a project and then compares the total value with the project's total cost
When consideration is given to both the positive and negative effects of an action or process, where the net effect or evidence is expressed in both numerical and narrative terms
a technique that assesses projects through a comparison between their costs and benefits, including social costs and benefits for an entire region or country Depending on the project objectives and its the expected outputs, three types of CBA are generally recognised: financial; economic; and social Generally cost-benefit analyses are comparative, i e they are used to compare alternative proposals Cost-benefit analysis compares the costs and benefits of the situation with and without the project; the costs and benefits are considered over the life of the project
A technique for the evaluation of projects, where all costs and benefits (direct and indirect) are considered Costs and benefits would be quantified, but where this is not possible they should be listed