5.3 Program Evaluation.pdf - Bene\ufb01t-Cost Analysis PROGRAM EVALUATION OVERVIEW Bene\ufb01t-Cost Analysis Employment and Program Evalua:on Program

5.3 Program Evaluation.pdf - Beneufb01t-Cost Analysis...

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Benefit-Cost Analysis PROGRAM EVALUATION: OVERVIEW Benefit-Cost Analysis, Employment, and Program Evalua:on
Program EvaluaDon • Examine efficiency and effec:veness of program implementa)on processes . • Results help managers decide how to improve program opera:ons, design or targe:ng. Process or Implementa:on Evalua:ons • Provide evidence that outcomes have occurred , and es:mate propor:on(s) of outcome(s) aHributable to the program rather than other influences • Findings demonstrate value of program to key stakeholders and inform whether to con:nue the program, and at what level of effort. Impact Evalua:ons • Calculates and compares quan)ta)ve program economic benefits and costs • Cost-benefit compares in monetary costs and benefits; cost-effec:veness does not 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)veness Evalua:ons Program evalua,ons are systema,c and objec,ve studies that assess how well a program is achieving its intended goals.
Types of InformaDon Associated with Different Types of Program EvaluaDons The choice of evalua:on type can also be defined by its intended use. Process evalua:on may be performed throughout the program, but impact and C- B evalua:ons require more data on results and outcomes Benefit-Cost Analysis, Employment, and Program Evalua:on
Elements of a Program EvaluaDon Plan 1. Develop a final program logic model, metrics, and researchable evalua:on ques:ons 2. Perform an evaluability assessment 3. Determine an appropriate evalua:on research design 4. Establish a data collec:on plan 5. Choose the appropriate analy:cal method(s) for the selected research design 6. 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 program ac: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 associated sequence 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 Studies Benefit-Cost Analysis, Employment, and Program Evalua:on
Example of a Logic Model Clearly iden:fies key assump:ons, ac:ons, and then outcomes immediate, intermediate, and long-term outcomes.

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