What is a decision package?

A decision package is a structured proposal that outlines specific project expenditures and anticipated outputs or benefits for a defined period. It provides a detailed analysis of the necessary funding, justifying the investment by summarizing the expected outcomes associated with the proposed expenditures. This tool aids decision-makers in evaluating various proposals against one another, allowing for informed budget decisions and prioritization of resources.

In the context of budgeting and resource allocation, decision packages are particularly useful as they synthesize complex information into digestible components, revealing the necessary financial commitments while clearly articulating the expected returns. This enables organizations to effectively allocate limited resources, ensuring that the most critical and beneficial projects receive funding.

Other options, while relevant to various operational areas, do not capture the essence of what a decision package represents in the context of program evaluation or budgeting.