Cost-benefit analysis
Term
Cost-benefit analysis
Definition
Comparative analysis of the costs and benefits of a guidance service or particular guidance activity – and of the value of that service or activity – to select the most financially beneficial solution.
Comment
Cost-benefit analysis is one way of assessing and measuring the cost benefits and social returns on investment of differing types of careers interventions.
Source
Cedefop (2011). Glossary: Quality in education and training. Luxembourg: Publications Office. Available from Internet: http://www.cedefop.europa.eu/EN/Files/4106_en.pdf
Attached files
Links
http://www.cedefop.europa.eu/EN/Files/4106_en.pdf
This information was provided/updated by:
No comments by users.
ELGPN Glossary, cost-effectiveness, cost-impact, finance, guidance, services