answersLogoWhite

0

Cost-benefit analysis (CBA), sometimes called benefit-cost analysis (BCA), is a systematic process for calculating and comparing benefits and costs of a project, decision or government policy (hereafter, "project"). CBA has two purposes:

  1. To determine if it is a sound investment/decision (justification/feasibility),
  2. To provide a basis for comparing projects. It involves comparing the total expected cost of each option against the total expected benefits, to see whether the benefits outweigh the costs, and by how much.
User Avatar

Wiki User

12y ago

Still curious? Ask our experts.

Chat with our AI personalities

FranFran
I've made my fair share of mistakes, and if I can help you avoid a few, I'd sure like to try.
Chat with Fran
MaxineMaxine
I respect you enough to keep it real.
Chat with Maxine
RossRoss
Every question is just a happy little opportunity.
Chat with Ross

Add your answer:

Earn +20 pts
Q: What is a cost and benefit analysis?
Write your answer...
Submit
Still have questions?
magnify glass
imp