TVETipedia Glossary

Cost-benefit analysis

Comparative analysis of the costs and benefits of an education or training service or activity – and of the value of that service or activity – to select the most profitable solutions and thus maximise investments.

Source:
Cedefop, Glossary: Quality in education and training, 2011
Cedefop, Glossary: Quality in education and training, 2011
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This glossary is an updated and extended version of Quality in training – La qualité dans la formation, published by Cedefop in 2003. It considers a series of important recent policy developments at European level, including setting up a European qualifications framework for lifelong learning (EQF) and the development of a European credit system for vocational education and training.
It is intended for researchers, experts and all those involved in improving the quality of learning curricula, learning providers and education and training systems. It does not represent an exhaustive inventory of the terminology used by specialists.