Cost per Output and Cost per Outcome

Cost per Output and Cost per Outcome - spend and what it is...

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Cost per Output and Cost per Outcome Candace Fralix February 1, 2011 HSM/260
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One of the reasons Cost per Output and Cost per Outcome are valuable is because resources can be limited to an organization. The more the organization knows about their resources and finances the better off they would be. If we don’t know our finances or the money that is being donated, and we waste that money then people would stop donating. In human service agencies we rely on donations from the public. If we can’t keep up with our finances and where they are going then who would want to donate money. Resources are already limited so the best thing to do is to keep up with what we
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Unformatted text preview: spend, and what it is spent on. Cost per Output and Cost per Outcome provides information on a human service organization’s financial management plan. This is put into place so that they can see if their goals and objectives are being met so that they can provide the services that they give. Basically what would happen if Cost per Output and Cost per Outcome were not determined then the organization would suffer from not knowing their financial needs or what position they are in? The organization has to know what their finances are so that they can run a business, and not have to close the doors....
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Cost per Output and Cost per Outcome - spend and what it is...

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