Economic evaluation
Economic evaluation helps answer one of the most important questions facing public and voluntary sector organisations: when resources are stretched and needs are complex, how do you know which services are creating real value - for people, communities and the wider system?
Practical, proportionate and evidence-based
We know that economic evaluation in public and voluntary sector settings is rarely straightforward. Programmes often support people facing complex needs, outcomes may emerge over time, and benefits may be felt across different services, systems and communities. Our role is to make this complexity manageable.
We deliver economic evaluations that help you understand, evidence and communicate the value of your work. We support clients to make confident decisions about funding, commissioning, scaling, redesigning and sustaining services. Our approach is informed by HM Treasury’s Green and Magenta Books and tailored to your context, objectives, stage of delivery and available evidence.
Providing the full range of economic evaluation
We can support you with:
- Value for money assessments
- Cost-benefit analysis
- Cost-effectiveness analysis
- Social return on investment (SROI) assessments
- Economic cases and economic impact narratives
- Cost models, value for money frameworks and decision-making tools
Beyond cost reporting
Too often, organisations are left with numbers that don't tell the full story. We work with you to build a compelling, credible picture of the social and economic value your work generates, identifying who benefits, what outcomes are being achieved, and where value is created across services, communities and systems. That means we develop clear assumptions, transparent methods and evidence that can withstand scrutiny.
Evidence that works hard for you
We provide evidence that influences strategy, strengthens funding cases, supports commissioning decisions and helps you make the case for sustaining or scaling what works. We combine robust economic analysis with a deep understanding of how public services actually operate so that the findings land with the people who need to act on them.
To discuss how we can support your economic evaluation needs, please get in touch.