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Cost Benefit Analysis Notes

NotesinHandwriting/HandwritingVids - Cost-Benefit Analysis (CBA) is a systematic decision-making tool used to evaluate the feasibility of a project, policy, or decision by comparing its total costs to its total benefits. It assigns monetary values to tangible and intangible elements, accounts for the time value of money, and uses metrics like Net Present Value (NPV) and Benefit-Cost Ratio (BCR) to determine whether the benefits outweigh the costs. CBA helps organisations and policymakers allocate resources effectively while considering economic, social, and environmental impacts. #CostBenefitAnalysis #DecisionMaking #EconomicEvaluation #ProjectFeasibility #ResourceAllocation #PolicyAnalysis #NPV #BCR #Sustainability #StrategicPlanning