Impact Evaluation (IE) and Cost-Benefit Analysis (CBA) are essential tools for determining the effectiveness, efficiency, and value of development interventions. They enable organizations to measure outcomes, establish causality, and assess whether investments deliver meaningful results.
This course equips participants with practical skills to design, conduct, and interpret impact evaluations, while integrating cost-benefit analysis to assess economic efficiency and return on investment (ROI). Key topics include evaluation design, attribution methods, quantitative and qualitative approaches, valuation techniques, and decision-making frameworks.
Through real-world case studies and applied exercises, participants will learn how to generate rigorous evidence, compare intervention costs and benefits, and provide actionable recommendations that inform policy, funding decisions, and program improvement.
Duration
5 Days
Who Should Attend
• M&E specialists, project managers, and program evaluators
• Economists and policy analysts
• Donor agency staff and grant managers
• Researchers and consultants in development and public policy
• NGO, government, and community project staff involved in evaluation
Organizational Impact
Better evidence on project effectiveness and value for money.
Improved accountability to donors and stakeholders.
Stronger decision-making on scaling or redesigning interventions.
Enhanced credibility through evidence-based reporting.
Personal Impact
Mastery of impact evaluation methods and tools.
Ability to apply CBA for efficiency and policy relevance.
Improved analytical and reporting skills.
Enhanced career opportunities in M&E, policy, and development fields.
By the end of the course, participants will be able to:
Understand key concepts of impact evaluation and CBA.
Apply experimental and quasi-experimental evaluation designs.
Conduct CBA to assess project efficiency and sustainability.
Interpret findings for decision-making and donor reporting.
Develop practical skills in data analysis for IE and CBA.
Module 1: Introduction to Impact Evaluation & CBA
Purpose and principles of IE and CBA.
When and why to use these tools.
Key challenges in evaluation.
Module 2: Evaluation Designs & Methods
Experimental (RCTs) and quasi-experimental approaches.
Attribution, counterfactuals, and comparison groups.
Strengths and limitations of each design.
Module 3: Cost-Benefit Analysis in Practice
Identifying and valuing costs and benefits.
Discounting, net present value (NPV), and internal rate of return (IRR).
Case studies of CBA in development projects.
Module 4: Data Collection, Analysis & Reporting
Quantitative and qualitative tools for IE.
Data requirements for CBA.
Communicating findings to stakeholders.
Module 5: Practical Applications & Case Studies
Real-world examples from health, education, and agriculture.
Hands-on practice in designing an evaluation plan.
Common pitfalls and lessons learned.
Whether you join us in a physical boardroom or through our virtual campus, we’ve designed every administrative detail for a seamless, professional experience.
Our fees are all inclusive during course hours.
From registration to the classroom, we keep things clear and efficient.
We provide premium environments optimized for adult learning and networking.
You’ll leave with tools that extend the course value far beyond the final day.
We validate your commitment to excellence with internationally recognized credentials.
Our relationship with you doesn’t end when the course closes.
We offer customized training solutions tailored to your organization's specific needs (location, dates, content and team size).
Talk to us and we’ll guide you on the best schedule and format for your team.
We turn knowledge into results. Using our P.E.A.K. Framework (Prepare, Engage, Apply, Know), every participant leaves with practical skills they can use immediately.
In the last 12 months, over 1,200 professionals have applied the P.E.A.K. Framework to reduce onboarding time by an average of 30% and accelerate project delivery across 14 industries.
The outcome: Participants don’t just learn. They gain the tools, confidence, and strategy to drive measurable impact.
Off-the-shelf solutions rarely fit perfectly. At ForElite Training Institute, we built our Tailor-Made Training (TMT) service to embed our expertise directly into your unique strategy, culture, and operations.
We replace generic examples with scenarios from your sector (e.g., public sector, NGOs, financial services, or logistics).
Choose a format that fits your operations: intensive 3 day bootcamps or weekly sessions that minimize work disruption.
We teach directly from your actual templates, brand guidelines, or financial reports.
Host your bespoke training in any of our 21+ global cities, or we'll send facilitators to your office anywhere in the world.
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