Discussion: Sustainability and Cost Benefits Analysis
Discussion Sustainability and Cost Benefits Analysis
I’m studying and need help with a Health & Medical question to help me learn.
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The idea of sustainability for public health is looking at the long-term process of the program’s operation. Therefore, for the program to be effective and successful for a long period of time, it needs to promote stability which can be achieved through well-trained staff, having appropriate funding, leaders, resources, data management, and partnerships (Fertman, & Allensworth, 2017). Discussion Sustainability and Cost Benefits Analysis
Cost-benefit analysis is a process that allows individuals to know whether the cost of the action will be beneficial. The process allows individuals to make predictions on whether it is worth it to take the risk in investing in the specific action. For example, my proposed program requires buying gym equipment and creating a personalized gym at the facility so that the members do not need to go to a local gym. However, the cost of getting a personalized gym is approximately $10,000 and $500 to maintain a year, whereas the local gyms are $25 a month per person. Realistically, the $10,000 looks like a lot of money, but it would be a one-time investment, whereas the $25 per month per person would eventually cost more, as the goal is for the program to gain more members and last longer. Therefore, if the program gains 20 people within the first year the cost of training them at a local gym would be $7,200 in the first year. However, if they gain 10 more individuals which makes the total members 30, it will cost $9,000 the second year. Therefore, in the 2nd year, the local gym would cost $9,000, whereas the program’s personalized gym would be only $500 for maintenance. Therefore, the cost-benefit analysis would state that the $10,000 personal gym would be more effective for the sustainability of the program in terms of funding and resources.
Fertman, C. I., & Allensworth, D. D. (Eds.). (2017). Health promotion programs: From theory to practice (2nd ed.). San Francisco, CA: Jossey-Bass
Respond to the bold paragraph ABOVE by using one of the option below… in APA format with At least two references and a minimum of 200 words….. .(The List of References should not be older than 2016 and should not be included in the word count.) Include at least one scholarly reference and appropriate in-text citations and Address all points on the DQ. One point will be deducted for not addressing each item mentioned above. Remember that presenting someone else’s work as your own is plagiarism.
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