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.

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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.

Employee screening: a real-world cost/benefit analysis

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.

Risky business: internal audit teams up with the audit committee to tackle IT security needs

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.