Cost–Benefit Analysis
Cost-benefit analysis is a method for evaluating projects or decisions by comparing the expected costs and the expected benefits. It helps to determine the economic profitability and the best options for action.
Effort: large Difficulty: medium Effectiveness: long
The actual calculation is usually carried out by one person, with the team providing input. The CBA is particularly useful for evaluating new projects or decisions.
💡 Tip from practice: Take direct and indirect costs into account.
Related methods
The full step-by-step guide and more practical tips are in the app and the book.
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