Cost effectiveness analysis

Cost effectiveness analysis is used when the benefits of a program cannot be easily quantified in monetary terms. Cost effectiveness analysis is used to compare different programs that take different approaches to achieving the same objectives. Leaving the outcomes in their own unit of measurement, Cost effectiveness analysis allows the identification of the lowest cost means of achieving the intended outcomes, for example, the most cost effective way of reducing absenteeism, or the most cost effective way of providing newly appointed teachers with mentoring support.

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