What is return on investment analysis?
Return on investment is a performance measure used to evaluate the efficiency of a project or to compare the efficiency of a number of different projects. ROI measures the amount of return on a project relative to its cost. To calculate ROI, the return (net benefit: benefit minus cost) of a project is divided by the cost of the project, with the result expressed as a percentage.
When do you need return on investment analysis?
An ROI model can provide a useful tool for public sector organisations to compare the benefits of different interventions and to show the potential payback period for investment. Such tools are commonly used by NICE and Public Health England to assess the relative benefits of different approaches to primary and secondary health prevention.
How can we help you?
We can help you to:
- Conduct literature reviews to gather evidence and evaluate interventions to include in an ROI model
- Distil all relevant evidence into a coherent conceptual model
- Construct a simple ROI model in an appropriate software package
- Undertake comprehensive uncertainty analyses
- Prepare a detailed report to accompany the ROI model
- Organise and host training events on the ROI model for internal or external stakeholders