A direct cost that varies proportionately with changes in volume, such as number of participants.
Variable Cost
3 costs of a volunteer program
Several possible answers (shirts, food, staff supervisors, insurance, etc)
What's the advantage of qualitative evaluations?
They tend to provide a deeper, richer understanding of the topic
Qualitative vs Quantitative paradigms of evaluation
Quantitative: format that can be categorized in a way that allows you to count and summarize the results
Qualitative: An open-ended format that allows for more range and depth of responses.
Name a country named after the equator
Ecuador, Equatorial Guinea, etc
Differential Pricing
A formative product evaluation
Potential answers include: An anti-bullying lesson at a Kindergarten, then monitored how many instances of bullying occurred during the first half of the program. Regardless of the process you used to teach the kids, you are concerned with the product (whether the lessons have the affect you wanted)
The point of doing product evaluation while the program is running is often to see if what you're doing is working.
Why are almost all Indirect expenses classified as Fixed expenses? Why is it unlikely for an Indirect expense to be Variable?
It just wouldn't make sense unless it was a very special circumstance. Variable expenses change based on factors like the number of participants. Indirect expenses are an expense of the whole organization, and your program is covering a small part. If every program is varying the % of the Indirect expense they cover, it would be very difficult to keep track of how the organization will pay for it.
Alternative funding: Grant vs Sponsorship
A Grant is a contract for the organization to achieve certain goals using the donor's money. Sponsorship is an agreement to for a company to donate money in exchange for their support being recognized or publicized in some way.
Name 10 countries in Africa
...
A common term meaning ‘various indirect costs’. It is typically used in budgets to bundle many small costs into one line item for efficiency
Overhead
Competition-based pricing
Possible answers include: Pricing a new program to be cheaper than established programs, pricing membership for a high-end gym above competitors to project high quality, etc...
The factor that typically determines whether a program uses a full or partial cost recovery model
The level of community benefit
Cost-Based Pricing and Demand-Based Pricing.
Cost-Based pricing uses a breakeven analysis and focuses simply on whether revenues cover expenses.
Demand-Based Pricing typically starts with a breakeven analysis and goes further to analyze the most profitable potential pricing format.
Important Note: Demand-based pricing does not mean you must charge the highest possible price. It's one of many factors, along with mission, cost-recovery format, etc.
The long, skinny country in South America
Chile
A program is priced to cover some portion of the cost, and the rest of the cost is covered by an alternative funding source.
Partial Cost Recovery
The Elbee Teen Center has the goal of motivating 100% of their participants to try out for a sports, dance, or theater group at their respective school. They plan to accomplish this through frog-licking seminars to expand students' minds.
How could the Elbee center create a summative evaluation that is both based on Standard and Goals & Objectives?
Potential answers include: If one of the Objectives was to use a rubric or outside standard, then the evaluation could be considered both.
The pros and cons of quantitative evaluations
Pros: Can summarize the responses of many people, provides a relatively simple set of data to analyze, and provides easily actionable information.
Cons: Can sometimes oversimplify information, can miss relevant context by limiting the ways people can respond, and can fail to provide the depth of a person's response (like the emotions behind a response).
The types of changes you would make based on a formative evaluation vs a summative evaluation.
Formative evaluations should help you make small changes that can improve the program as it continues to operate. This typically means asking smaller questions about more specific topics.
Summative evaluations should help you make big changes in between program sessions. This typically means asking bigger questions about broader topics.
The Trans-Siberian railway runs between these 2 countries.
Russia and China
Resources made available to a program that require no financial transaction. This can include supplies, facility usage, labor, and more. (from Examine Alternative Funding).
In-Kind Donations
A reason a public Parks & Recreation department would use a full cost-recovery model for a senior citizen's chair yoga class.
Potential answers include: The program provided limited community benefit because very few people participated, or there was a already a yoga program using a no-cost recovery model and this chair yoga class was an extra class requested by a specific group
Why might someone perform an Intuitive evaluation, rather than by Standard or by Goals & Objectives?
Potential answers include: An informal mentorship, a situation where time is very limited, or an unusual situation where it wouldn't make sense to create a Standard and the Goals & Objectives don't apply.
Evaluation by Standard vs Evaluation by Goals & Objectives
Goals & Objectives: Evaluating whether the program is doing what it said it would (taking the planned steps and accomplishing the projected goals)
Standard: Evaluating based on a rubric or objective set of rules.
Which of these countries is fake:
- Comoros
- Kiribati
- Vanuatu
- Zamunda
- Kyrgyzstan
Zamunda is the fictional country featured in the 1988 hit movie, Coming To America.