Also known by the acronym CBA. An appraisal that attempts to compare the benefits (including social benefits) expected from a project with the costs (sometimes including social costs) incurred by the
Cost/benefits analysis)Also found in: Dictionary, Thesaurus, Financial, Encyclopedia. cost-benefit analysis Cost-benefit evaluation Clinical trials A form of economic analysis from a social perspective, in which the costs of medical care are compared with the economic benefits of the care provided,...
The cost-benefit analysis definition is the methodology of conducting a comparison between the cost to be incurred in a business project and the benefits thereof. The cost-benefit analysis economics explains that business entities conduct a cost-benefit analysis before engaging in a project to determi...
Related to Cost Benefit Analysis: Cost effectiveness analysisThesaurusAntonymsRelated WordsSynonymsLegend: Switch to new thesaurus Noun 1. cost-benefit analysis - an analysis of the cost effectiveness of different alternatives in order to see whether the benefits outweigh the costs analytic thinking, an...
Related to Benefit-cost analysis:opportunity cost ThesaurusAntonymsRelated WordsSynonymsLegend: Switch tonew thesaurus Noun1.cost-benefit analysis- an analysis of the cost effectiveness of different alternatives in order to see whether the benefits outweigh the costs ...
Free Essay: Introduction Cost-Benefit Analysis is a process followed to analyze business decisions. The benefits of a given business-related decision are...
Make smarter decisions with cost-benefit analysis. Atlassian's guide helps you weigh costs and benefits to choose the right path for your project.
Definition Acost-benefit analysis is an analytical procedure for determining the economic efficiency of intervention, expressed as the relationship between costs and outcomes, usually measured in monetary terms. In other words, both costs and benefits of alternative courses of intervention are expressed ...
Cost Benefits Analysis CHAPTER 6COSTBENEFITSANDANALYSIS6.1 Costing for the Current System 6.1.1Costof Labor Professional Rate 1 Payroll Manager 93.75/hr 750/day 15‚000/month 1HRD Assistant 81.25/hr 650/day 13‚000/month Total Php 23‚000/month 6.1.2 Supplies Price Total Supplies (Annual...
Cost-benefit analysis(CBA) is a simple method in which all expenses and incomes of an activity are considered to a cash balance (Farel et al., 2013). Its principle is summarized inEq. (1). (1)CBA=ΣBenefits−ΣCosts This allows determining whether an activity can promote economic profits...