Cost-benefit analysis

Cost-benefit analysis promotes critical self-reflection and allows students to estimate the extent to which the project goal can be achieved with the given resources.

Time – comprises the hours worked by the students as well as the time put in by the cooperation partners and any third parties (volunteers, etc.).

Material – refers to the use of consumables or infrastructure that has been made available or can be additionally procured in the project context. This factor covers a broad spectrum ranging from presentation cases and the provision of company cars to building materials and print products.

Funds – relates to financial expenses. This is particularly relevant when students have a budget available to them. 

Output, outcome, and impact – can be defined analogously to iooi Service Learning. However, the services provided by the students to solve the problem or social issue should be given greater weight. 

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