Managing Valuation Chapter 1 Review

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Summary: Class# 10

In the Class # 10 chapter, Managing Valuation, Julnes discusses various challenges and difficulties faced in valuing programs and policies. Evaluation is defining what the program is worth, defining the program’s merit and whether or not the program is worth it or not (Julnes 3). Evaluation is very critical to the public sector as it confirms and provides evidence whether or not it is a good program or not (Julnes 3). Julnes discusses four methods of analysis for valuing. 1)- Establishing the criteria of merit refers to the standards and merit of the evaluation. It is the criteria on how the evaluation is going to be graded. It sets the expectations one has out of the program and determine its goals and objectives.
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The Aligned Assisted Valuation with Context is the impact of the context on methods of valuing in the evaluation. (Julnes 10). It is the analysis of how contextual aspects have an impact on the “information needs, valuative needs and social process needs of particular evaluations.” (Julnes 10). Contextual influences on valuative needs addresses and examines the values of the stakeholders. In other words, what do people value? The Contextual influences on social process needs talks about the social processes that the evaluation will support. Julnes discussed two types of managing balance in systematization of methods. 1)- Balancing analytic and holistic valuing breaks judgments down into several sections and then “pull hidden patterns together” to grasp the bigger picture of the evaluation (Julnes 12-13). The second balancing method is balancing systematic and responsive valuing which aims for the valuing to be systematic and orderly (Julnes …show more content…
Julnes ranked the choices in order that one chooses valuing methods that: 1- stakeholder’s information needs, the degrees of complication of the value judgments, “matching needed precision in valuing and levels of measurement” (Julnes 116-118). 2- Balancing approaches that includes 1)- Balancing individual and social judgment that focuses on the differences between individual and group based. Individual based approaches do not require or include any contact between the stakeholders. The group based is based on stakeholder’s dealings (Julnes 119). 2)- Balancing algorithmic and holistic aggregation concludes how one choice is better than the others by aggregating judgments, values, etc ( Julnes 119). 3- Understanding social processes is essential as it can help value programs in “different types of social problems in different circumstances.” (Julnes 120). Social betterment refers to how the society as a whole will benefit or become better as a result of a specific program or evaluation (Julnes 121). Supporting complex social processes refers to the complex issues and social problems that are well supported by this evaluation or program (Julnes 121). Aligning paradigms with process needs refers to how the definition of social processes is coined differently by diverse groups, so the issues concerning social betterment should be addressed before (Julnes 121). The Deetz’s paradigms has

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