Download this Cost benefit analysis Template free from here. A cost benefit analysis is a systematic process which helps to calculate and analyze the cost and features of a project or task. The main purpose of cost benefit analysis is to point out the features and drawbacks of carrying out a specific project. Mostly government and other business organizations use cost benefits analysis method to calculate potential risks and gains of a task. Cost benefit analysis is a very helpful tool to take many business and personal decisions. It should be prepared carefully and with full of attention. If you have no idea that how to create a cost benefit analysis, you should browse on internet where you can find bunch of effective tips and tools. Cost benefit analysis template is also available to utilize after downloading. You can create an effective cost benefit analysis for your company or organization by using such templates.
Cost benefit analysis means comparing the cost with the revenue obtained from selling the goods to the consumer by the producer. The situation in which the cost and the revenue are equal is known as break even point. The cost benefit analysis has two purposes 1- to determine if it is a sound investment 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. It estimates the totals up to the equivalent money value of the benefits and costs to the cost of the community of projects to establish whether they are worthwhile or not. The project such as dams and highways can be considered for cost benefit analysis. The benefit and cost should reflect preference revealed by choice which has been made. For example improvement in transportation frequently involve saving time. This Cost benefit analysis Template is added in our collection of analysis templates.
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