Difference between revisions of "Cost-benefit analysis"
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According to the [[BABOK Guide|BABOK Guide (3rd edition)]], | According to the [[BABOK Guide|BABOK Guide (3rd edition)]], | ||
:[[Cost-benefit analysis]]. An analysis which compares and quantifies the financial and non-financial costs of making a change or implementing a solution compared to the benefits gained. | :[[Cost-benefit analysis]]. An analysis which compares and quantifies the financial and non-financial costs of making a change or implementing a solution compared to the benefits gained. | ||
| − | According to [[ | + | According to the [[HRBoK Guide]], |
| + | :[[Cost-benefit analysis]] ([[CBA]]). A process of measuring business decisions. A financial review of various options to determine if the benefits are greater than the costs. | ||
| − | [[Category: Business Analysis]][[Category: Articles]] | + | |
| + | [[Category: Business Analysis]][[Category: Articles]][[Category: Management]] | ||
Revision as of 12:38, 18 July 2020
Cost-benefit analysis is an analysis which compares and quantifies the financial and non-financial costs of making a change or implementing a solution compared to the benefits gained.
Definitions
According to the BABOK Guide (3rd edition),
- Cost-benefit analysis. An analysis which compares and quantifies the financial and non-financial costs of making a change or implementing a solution compared to the benefits gained.
According to the HRBoK Guide,
- Cost-benefit analysis (CBA). A process of measuring business decisions. A financial review of various options to determine if the benefits are greater than the costs.
