Describethe basic steps involved in conducting a cost-effectiveness analysis. Be sure to address the following items:

1. Decide upon decision rules regarding assumption; state definitions; establish guidelines for accepting the program.
2. Define the program in terms of target population, set of interventions, and goals and objectives.
3. Compute the costs including both the gross program costs (personnel, facilities, materials, etc.). Make adjustments for inflation, discounting, and depreciation.
4. Measure effects, benefits, and utility to be included in the cost analysis. Attach an economic valuation to those effects.
5. Compute cost ratio. Conduct sensitivity analysis.
6. Disseminate findings to key stakeholders