Cost Benefit Analysis
Comparison of costs and benefits of a project.
It's a systematic approach to estimating strengths and weaknesses of alternatives used to determine options which provide the best approach with the lowest costs.
5 minutes
5 Questions
Concepts covered: Cost Effectiveness Analysis, Payback Period, Life Cycle Cost Analysis, Net Present Value, Opportunity Cost, Discounted Cash Flow, Sensitivity Analysis, Internal Rate of Return, Risk Analysis, Cost Utility Analysis, Benefit Analysis, Break-Even Analysis, Cost-Benefit Ratio
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144 questions (total)