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The IES mission is to provide scientific evidence on which to ground education practice and policy and to share this information in formats that are useful and accessible to educators, parents, policymakers, researchers, and the public.  \nWe strive to make our products available in a variety of formats and in language that is appropriate to a variety of audiences. You, as our customer, are the best judge of our success in communicating information effectively. If you have any comments or suggestions about this or any other IES product or report, we would like to hear from you. Please direct your comments [to](to ncee.feedback@ed.gov)[ ](to ncee.feedback@ed.gov)[ncee.feedback@ed.gov](to ncee.feedback@ed.gov).  \nThis toolkit was originally developed for the Institute of Education Sciences under Grant R305U190002 to Grant Thornton Public Sector, LLC. Mention of trade names, commercial products, or organizations does not imply endorsement by the U.S.  \nGovernment.  \nIES thanks the Grant Thornton project team for developing this resource. Led by Andrew Feldman (PI), the team included Katie Lay, Rob Loomis, Robert Hahn, and Robert Shea.  \nApril 2020  \nSuggested Citation  \nInstitute of Education Sciences. (2020) . Cost Analysis: A Toolkit (IES 2020-001) . U.S. Department of Education. Washington, DC: Institute of Education Sciences. Retrieved [month day, year] from [https://ies.ed.gov/pubsearch/](https://ies.ed.gov/pubsearch/) .  \nii  \nTable of Contents  \nCost Analysis: A Starter Kit ...................................................................... 1  \nQuick Start Checklist ............................................................................. 2  \nIntroduction .......................................................................................... 4  \nPhase 1: Identify program ingredients....................................................10  \nStep 1: Clarify the program model ................................................................................... 11  \nStep 2: Choose the perspective(s) ...................................................................................15  \nStep 3: Describe, in quantity and quality, the program’s key ingredients .........................20  \nPhase 2: Price the ingredients................................................................27  \nStep 4: Identify or estimate a price for each ingredient ................................................... 28  \nStep 5: Adjust costs for your context ............................................................................. 37  \nPhase 3: Create & use the cost estimate................................................. 39  \nStep 6: Calculate costs ...................................................................................................40  \nStep 7: Conduct sensitivity analysis ................................................................................ 44  \nStep 8: Determine whether to use the results for further economic evaluation ................ 46  \nAppendix A: Logic Model Template ......................................................A-1  \nAppendix B: Master List of Additional Resources .................................. B-1  \nAppendix C: Credits ............................................................................. C-1  \nAppendix D: Interviewees in Developing This Starter Toolkit ................D-1  \niii  \nCost Analysis: A Starter Kit  \nWhy was this starter kit developed and who is it for?  \nIES encourages, and sometimes requires, cost analysis for IES-funded research and evaluation projects. IES believes cost analysis is crucial to support education agencies’","cbCaicnVzJmoygV9","https://ap.wps.com/l/cbCaicnVzJmoygV9","pdf",679529,58,"English","# Quick Start Checklist\n## Step 1: Clarify the program model\n## Step 2: Choose the perspective(s)\n## Step 3: Identify the quantity and quality of the program’s key ingredients\n## Phase 2: Price the ingredients\n## Step 4: Identify or estimate a price for each ingredient\n## Step 5: Adjust costs for your context\n## Phase 3: Create & use the cost estimate\n## Step 6: Calculate costs\n## Step 7: Conduct sensitivity analysis\n## Step 8: Determine whether to use the results for further economic evaluation\n## Appendix A: Logic Model Template\n## Appendix B: Master List of Additional Resources\n## Appendix C: Credits\n## Appendix D: Interviewees in Developing This Starter Toolkit","[{\"question\":\"Who is this starter kit for and why was it developed?\",\"answer\":\"It was released for IES grant applicants who are new to cost analysis. It helps readers plan a cost analysis and provides a foundation for more complex economic analyses.\"},{\"question\":\"What are the three phases in the approach?\",\"answer\":\"The toolkit uses three phases: identify program ingredients, price the ingredients, and create and use the cost estimate. Each phase is broken into specific steps.\"},{\"question\":\"What does the toolkit cover after pricing the ingredients?\",\"answer\":\"It guides cost calculation, conducting sensitivity analysis, and determining whether the results should be used for further economic evaluation.\"}]","Cost Analysis - A Starter Kit - Version 1.0 | PDF",1792051379,146]