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Grant Open

Resources to Standardize Cost Analysis and Cost-Effectiveness Analysis of Educational Interventions

NCER
Program: Statistical and Research Methodology in Education
Program topic(s): Core
Award amount: $350,000
Principal investigator: Fiona Hollands
Awardee:
EdResearcher LLC
Year: 2024
Award period: 2 years (09/01/2024 - 08/31/2026)
Project type:
Methodological Innovation
Award number: R305D240010

Purpose

The project team aims to improve the rigor, comparability, and usefulness of cost analyses and cost-effectiveness analyses (CEAs) of educational programs by facilitating the application of the recently established Standards for the Economic Evaluation of Educational and Social Programs (SEEESP). The team will develop an Economic Evaluation Standards Toolkit that includes a Standards Template that researchers can use to apply the Standards to planned or completed economic analyses.

Structured Abstract

Research design and methods

The project team will iteratively design the Standards Template  with a prototype created for cost analysis standards under the IES-funded Cost Analysis in Practice (CAP) Project. Additions will include the SEEESP CEA standards, the SEEESP reporting checklist, the CAP Project checklist for identifying comparable studies to use in comparative CEAs, and features to facilitate inter-rater reliability checks and comparisons of studies. Further development and modification will occur through multiple reviewers applying the Standards Template to forty cost analyses and CEAs to examine usability, inter-rater reliability, and accuracy.

User Testing: Nineteen researchers and district office evaluators will use the Standards Template to  evaluate two published studies and one study they are currently planning or conducting. User testing will take place over the course of the project to provide iterative improvements on the Standards Template and a check of the final product.

Use in Applied Education Research: The project team envisions multiple uses of the toolkit.  This includes  planning rigorous economic evaluations of currently operating programs, reviewing cost analyses or CEAs in journal submissions, conference sessions, grant proposals and comparing the methodological and analytic choices made in completed economic evaluations.

People and institutions involved

IES program contact(s)

Elizabeth Albro

Elizabeth Albro

Commissioner of Education Research
NCER

Project contributors

Robert Shand

Co-principal investigator

Jaunelle Pratt-Williams

Co-principal investigator

Products and publications

The project team will produce an Economic Evaluation Standards Toolkit that will include an Excel-based Standards Template listing the cost analysis and CEA standards described in the Standards for Economic Evaluation of Educational and Social Programs (SEEESP), a system for rating planned or completed cost analyses and CEAs against each standard, references to published studies that model each standard, and links or references to resources that can help analysts meet each standard. The website will include a demonstration video. Additionally, the research team will produce at least two completed templates to serve as examples and a review paper written after evaluating a selection of published cost analyses and CEAs using the Standards Template. This paper will summarize the ways in which cost analyses and CEAs need to be improved and recommend modifications to the SEEESP. They will present the toolkit at conferences and workshops.

Project website:

Standards for the Economic Evaluation of Educational and Social Programs

Publications:

ERIC Citations: Find available citations in ERIC for this award here.

Related projects

Cost Analysis in Practice Project (CAP Project)

R305U200002

Questions about this project?

To answer additional questions about this project or provide feedback, please contact the program officer.

 

Tags

Data and Assessments

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Questions about this project?

To answer additional questions about this project or provide feedback, please contact the program officer.

 

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