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14 September 2010
Institution PricewaterhouseCoopers
Full reference PricewaterhouseCoopers (2010) The Costs and Benefits of Creative Partnerships. Newcastle: Creativity, Culture and Education
PricewaterhouseCoopers LLP (PwC) was commissioned by CCE to prepare a report that analyses the economic costs and benefits of Creative Partnerships. The analysis is focussed on assessing the costs of delivering the programme and the benefits accruing to two distinct groups: learners and their parents; and schools and the teachers within them.
Overall, Creative Partnerships is estimated to have generated or is expected to generate a net positive economic benefit of just under £4bn. Expressed as a ratio of the benefits to the costs, we estimate that every £1 invested in the programme delivers £15.30 worth of benefits.
The approach used to estimate the economic costs and benefits of Creative Partnerships is based on the development and application of a logic model, which is a high level map of the transmission mechanism through which inputs to the programme deliver impacts to each of the potential beneficiaries (learners and their
parents; and schools and their teachers).
Among other things, the logic model shows that key impacts accrue to learners, in terms of higher lifetime earnings that arise as a result of improved educational attainment; to the wider society, through reductions in exclusion and the social implications that this has; and to teachers and schools, through improved teacher morale and reduced recruitment and retention costs.
As far as possible, within the constraints of the available data, the approach we have used is consistent with the requirements of HM Treasury "Green Book", the Government's guide to evaluation and appraisal. To that end, the benefits are measured in incremental terms and at the whole economy level.
Sign the 'We Are More' Manifesto from Culture Action Europe (@actforculture) Read more at: http://t.co/4fbM5uEp
Watch the ITW with Paul Collard, Director of @CCEinsights, #WISEAwards 2011 Winner with Creative Partnerships project! http://t.co/Er8zqMpF
Last chance to book your place @A_New_Direction's FREE conference for teachers: Schools Conference - Bridge Building http://t.co/YXL1At9w
#WellVersedPoetry event yesterday was highly productive. The outcomes of the discussions will be typed up and shared by the end of the week.
“@solangeleon: http://tinyurl.com/2wmg9tw /via @SirKenRobinson” , the creativity champion. It is a big (cont) http://tl.gd/631gmt
holymoly!! The Stage / News / ACE axe to fall first on £38m Creative Partnerships http://t.co/VXgViLv via @TheStage
Creative education is an investment in every sense: http://tinyurl.com/2wmg9tw
Creative projects in schools are threatened by funding cuts: http://bit.ly/9OLShV , which means a major part of my business is too!