Value Assessment
Value Assessment is a systematic process used to evaluate the worth or significance of a product, service, or investment. It involves analyzing various factors such as cost, benefits, risks, and potential returns to determine its overall value. This assessment helps individuals and organizations make informed decisions based on objective data.
In many fields, including healthcare and finance, Value Assessment plays a crucial role in guiding resource allocation and prioritizing projects. By comparing different options, stakeholders can identify the most effective solutions that align with their goals and maximize outcomes while minimizing costs.