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Desk ResearchStructured Instrument
Cost Utility Analysis
Evaluators gather preferences from external stakeholders to assign utility values to outcomes, then combine these with detailed cost data to calculate and compare cost-utility ratios for different alternative options. Sensitivity analysis is used to address uncertainty in the results.
When This Method Fits
Typical duration
Weeks
Typical cost
Medium
Fidelity level
N/A
Stage
Feasibility
Hypothesis type
Viability
Goal type
Validate go-to-market strategy, Scale the model, Maximize societal impact, Drive corporate innovation / R&D, Improve operational efficiency
Randomization
N/A
Study design
Descriptive single-case study
Minimum units needed
2
1Best Fit When
Best when you need to compare several alternative options on value delivered per unit of cost, not just raw cost.