100%(1)1 out of 1 people found this document helpful
This preview shows page 1 - 7 out of 20 pages.
Benefit-Cost AnalysisPROGRAM EVALUATION: OVERVIEWBenefit-Cost Analysis, Employment, and Program Evalua:on
Program EvaluaDon• Examine eﬃciency and effec:veness of programimplementa)on processes.• Results help managers decide how to improve program opera:ons, design ortarge:ng.Processor Implementa:onEvalua:ons• Provideevidence that outcomes have occurred, and es:mate propor:on(s) ofoutcome(s) aHributable to the program rather than other inﬂuences• Findings demonstrate value of program to key stakeholders and informwhether to con:nue the program, and at what level of effort.ImpactEvalua:ons• Calculates andcompares quan)ta)ve program economic benefits and costs• Cost-benefit compares in monetary costs and benefits; cost-effec:veness doesnot put benefits in monetary units (but usually s:ll quan:fied).• Findings help managers jus:fy past investments and decide on future ones.Cost-Benefit / Cost-Effec)venessEvalua:onsProgram evalua,ons are systema,c and objec,ve studies that assess how well a program isachieving its intended goals.
Types of InformaDon Associated with Different Types of Program EvaluaDons The choice of evalua:ontype can also be defined byits intended use.Process evalua:on may beperformed throughout theprogram, but impact and C-B evalua:ons require moredata on results andoutcomesBenefit-Cost Analysis, Employment, and Program Evalua:on
Elements of a Program EvaluaDon Plan1.Develop a final program logic model, metrics, and researchable evalua:onques:ons2.Perform an evaluability assessment3.Determine an appropriate evalua:on research design4.Establish a data collec:on plan5.Choose the appropriate analy:cal method(s) for the selected research design6.Par:cipate in an external review of the evalua:on plan.Benefit-Cost Analysis, Employment, and Program Evalua:on
Program Logic Models•A program logic model helps facilitate an understanding of the processes by which programac:vi:es are supposed to lead to certain outputs and to desired outcomes.•usually a simple diagram (with accompanying text) that iden:fies the key logical (causal)rela:onships among program elements and the problem to be solved (the program’s objec:ve),thus defining pathways to success.•this pathway represents the program’s underlying theory of cause and effect.•describes the inputs (resources), ac:vi:es, and outputs, the customers reached, and the associatedsequence of outcomes that are solu:ons to the problem.Source: U.S. Department of Energy. 2015.Project Manager’s Guide to Managing Impact and Process Evalua,on StudiesBenefit-Cost Analysis, Employment, and Program Evalua:on
Example of a Logic ModelClearly iden:fieskey assump:ons,ac:ons, and thenoutcomesimmediate,intermediate, andlong-termoutcomes.