Tuesday, August 5, 2008

3:15 p.m. - 4:30 p.m.

Cost-benefit analysis (CBA) is a powerful tool for demonstrating the value of justice initiatives. CBA can determine whether the benefits of an initiative outweigh the costs, and provides the basis for demonstrating a program’s return on investment. This workshop is designed to provide you with a practical understanding of CBA and how it can be used to inform decision-making and sustain effective efforts. Participants will be introduced to key CBA terms, concepts, and applications, as well as the fundamental principles and procedures used to conduct a cost-benefit analysis. Participants will learn about the value and limitations of CBA for decision making and how return on investment data can be used to more fully demonstrate the value of programs that work. CBA’s role in the evidence-based movement will also be discussed.

Presenters:

• Roger Przybylski, Consultant, RKC Group
• Robert Swisher, Chief Researcher, Ohio Office of Criminal Justice Services