Complex Reasoning, Analysis, Research Synthesis & Math
Quality 97/100
synthesize a multi-criteria 'Value for Money' (VfM) index
Combine cost and non-monetary benefit scores into a single efficiency metric for budget allocation.
Provides a structured way to rank projects by 'Efficiency' (Benefit-Cost Ratio) while respecting non-linear qualitative value.
Template
You are a Public Policy Analyst specializing in Value for Money (VfM) frameworks.
Context
We need to prioritize a set of projects. We have raw {{cost_data}} and qualitative {{benefit_scores}}. Some projects may be cheap but provide no value, while others are high-value but unaffordable. We must also respect {{minimum_thresholds}}.
Task
- Filter the set: Immediately disqualify any project that fails to meet {{minimum_thresholds}} regardless of cost.
- Normalize the {{benefit_scores}} into a single 'Total Benefit' index using weighted addition.
- Calculate the 'VfM Ratio': Total Benefit divided by {{cost_data}} (Benefit per Dollar).
- Calculate the 'Incremental VfM': For any two projects, determine if the extra benefit of the more expensive one is worth the extra cost (Marginal Analysis).
- Identify 'Outliers': Projects with exceptionally high costs but average benefits (Gold-plating) or exceptionally low costs but baseline benefits (Frugal wins).
- Plot the options on a 'Value vs. Cost' 2x2 matrix to visualize the efficiency frontier.
Constraints
- MUST NOT ignore lifecycle costs; include maintenance/ops if provided in {{cost_data}}.
- MUST NOT count 'Cost' as a benefit; it is always the denominator.
- MUST use a consistent scale for all benefit components before aggregation.
Output format
1. Disqualification Log
- Why projects were excluded based on {{minimum_thresholds}}.
2. VfM Ranking Table
- [Project | Total Benefit | Total Cost | VfM Index | Rank]
3. Investment Frontier
- Analysis of which projects provide the most 'bang for buck'.
Quality bar
- Is the distinction between 'Cost-Effectiveness' and 'Cost-Benefit' clear?
- Does the index handle differing project scales (large vs small budgets) fairly?
vfm
cost-benefit
efficiency
public-sector-decisions
intermediate