cost-benefit analysis

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Related to Cost/benefit analysis: Cost Benefit Ratio

cost-benefit analysis

Cost-benefit evaluation Clinical trials A form of economic analysis from a social perspective, in which the costs of medical care are compared with the economic benefits of the care provided, with both the costs and benefits being expressed in monetary units; the benefits evaluated include projected ↓ in future health care costs and ↑ earning as a result of the intervention of interest. Cf Cost-effectiveness analysis.
References in periodicals archive ?
On its most basic level, the cost/benefit analysis entails subtracting the cost of a particular course of action from the benefits of that course of action to arrive at a positive or negative benefit outcome.
Eckman notes it is very difficult to do a cost/benefit analysis of unknown risks, even though it's a necessary component of efficient risk mitigation.
Free to commercial building owners, facility managers, architects and specifiers, the kit highlights and considers all variable costs necessary for an effective long-term cost/benefit analysis of a commercial roofing system.