An Instructional Management Guide to Cost Effective Decision Making,
Abstract
The purpose of the study is to identify the differences in the cost-effectiveness analysis methods so that the most appropriate one could be selected as a decision-assisting aid for instructional management. The principal phases of the study are organized to explore and identify what cost-effectiveness methods are being used; to identify and examine the differences among the methods in an analytical framework; and, to determine the criteria to be used in selecting the most appropriate cost-effectiveness method for instructional decision-making. The emphasis of the study is on the performance of cost-effectiveness analysis as a service in support of the decision-making process by someone other than the instructional management. The descriptive detail provided in the study is such that an analyst with moderate experience could perform the indicated activities. The results of study suggest that cost-effectiveness analysis provides answers by a systematic process which is reproduceable and accessible to critical examination. On the other hand, cost-effectiveness analysis cannot be a substitute for judgment in decision-making by inductive reasoning which is fully documented. It is believed that use of instructional cost-effectiveness will enhance the possibility that a decision will result in the selection of the better (or best) alternative.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jan 01, 1974
- Accession Number
- ADA086209
Entities
People
- Robert H. Pearson
Organizations
- University of Wisconsin–Madison