Training on Impact Evaluation & Cost-Benefit Analysis

Module 1: Introduction to Impact Evaluation and Cost Benefit Analysis

• Purpose and principles of Impact Evaluation (IE) and Cost Benefit Analysis (CBA)
• When and why to apply evaluation and CBA tools
• Common challenges in measuring project impact and value
• Case Study: Impact evaluation in a community development project
• Practical: Identify appropriate evaluation approaches for different projects

Module 2: Evaluation Designs and Methods

• Experimental and quasi experimental evaluation approaches
• Attribution, counterfactuals, and comparison groups
• Strengths and limitations of different evaluation designs
• Case Study: Using randomized and non randomized evaluation methods
• Practical: Design a simple evaluation framework for a project

Module 3: Cost Benefit Analysis in Practice

• Identifying and valuing project costs and benefits
• Discounting, Net Present Value (NPV), and Internal Rate of Return (IRR)
• Applying CBA in development and investment projects
• Case Study: Cost benefit analysis in infrastructure and social programs
• Practical: Conduct a basic CBA calculation exercise

Module 4: Data Collection, Analysis and Reporting

• Quantitative and qualitative tools for impact evaluation
• Data requirements and management for CBA
• Reporting and communicating findings to stakeholders
• Case Study: Data driven evaluation reporting for donor funded projects
• Practical: Analyze sample evaluation data and prepare findings

Module 5: Practical Applications and Case Studies

• Real world examples from health, education, agriculture, and development sectors
• Hands on practice in developing evaluation plans
• Common pitfalls, challenges, and lessons learned in IE and CBA
• Case Study: Successful and failed evaluation projects
• Practical: Develop a simple impact evaluation and CBA plan