Cost Benefit Analysis
Every business decision you make always asks, “Is it worth it?”. Weighing your key processes’ potential benefits and risks helps you and your team make more informed decisions about a project.
Analyzing the cost of a decision before acting on it can save you time, money, and vital resources for your organization.
How to complete a Cost-Benefit Analysis
Use Notecards, list and compare low and high efforts and tasks with the Cost-Benefit Analysis template. Evaluate alternatives and examine how options can deliver benefits and increase savings.
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