|
cost |
|
cost estimates |
|
cost analysis |
|
cost-benefit |
|
cost-effectiveness |
Once a cost analysis profile of a prevention program has been generated, then the cost-benefit and likely even the cost-effectiveness of that program begins to make itself apparent. Again, cost-benefit points to the relationship between program costs and program benefits. To say that a program is generally cost-beneficial is to say that a program has both accomplished its goals (it is an effective program) and that accomplishing these goals is a good use of that money.
The difference between “effective” and “efficient” is…
“Effective” answers the question: Did you accomplish your goals?
“Efficient” answers the question: Did you use your resources in the best way?
To say that one prevention program is more cost-beneficial than another is to say that for the same cost the general benefits of the program are greater than those of the other program.
