Cost-Benefit Analysis Explained with Simple Steps! скачать в хорошем качестве

Cost-Benefit Analysis Explained with Simple Steps!

In this video, learn about the power of the cost benefit analysis as a decision-making tool. By understanding what is cost benefit analysis, you can better approach project evaluation and improve your decision making. This method helps in evaluating different options objectively. 00:00 - Intro 00:06 - Cost benefit analysis description 00:47 - How to perform cost benefit analysis? 01:11 - Cost benefit analysis example 01:55 - Evaluating results References: https://www.projectcubicle.com/cost-b... https://www.projectcubicle.com/cost-b... 📖 Learn more here: / @projectcubicle_com 📺New to Projectcubicle Start Here? - / @projectcubicle_com Follow Projectcubicle: https://www.projectcubicle.com/   / 100032452943435     / project_cubicle     / admin     / projectcubicle   Cost Benefit Analysis Methodology (also known as Benefit Cost Analysis) is a mathematical approach that allows organizations to compare the costs and expected benefits of two or more projects by employing some basic steps. Basically, cost-benefit analysis serves two purposes; 1. To verify that an investment’s (or a project’s) benefits are more than its costs 2. To select an investment (or a project) by comparing the benefits over cost ratios. The cost benefit analysis steps include identifying the benefits of a decision as well as the associated costs, and subtracting the costs from benefits. Thanks for Watching! #CostBenefitAnalysis #ProjectManagement #AnalyzeCostsAndBenefits #BusinessAnalysis #DecisionMaking #CostComparison #ProjectPlanning #FinancialAnalysis