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  2. Cost–benefit analysis - Wikipedia

    en.wikipedia.org/wiki/Costbenefit_analysis

    Cost–benefit analysis (CBA), sometimes also called benefit–cost analysis, is a systematic approach to estimating the strengths and weaknesses of alternatives.It is used to determine options which provide the best approach to achieving benefits while preserving savings in, for example, transactions, activities, and functional business requirements. [1]

  3. Risk assessment - Wikipedia

    en.wikipedia.org/wiki/Risk_assessment

    A risk evaluation means that judgements are made on the tolerability of the identified risks, leading to risk acceptance. When risk analysis and risk evaluation are made at the same time, it is called risk assessment. [ 1] As of 2023, chemical risk assessment follows these 4 steps: [ 4] hazard characterization.

  4. Cost-effectiveness analysis - Wikipedia

    en.wikipedia.org/wiki/Cost-effectiveness_analysis

    Cost-effectiveness analysis ( CEA) is a form of economic analysis that compares the relative costs and outcomes (effects) of different courses of action. Cost-effectiveness analysis is distinct from cost–benefit analysis, which assigns a monetary value to the measure of effect. [1] Cost-effectiveness analysis is often used in the field of ...

  5. What Is Cost-Benefit Analysis? - AOL

    www.aol.com/2013/04/19/cost-benefit-analysis...

    For example, a cost-benefit analysis can help them determine whether to build another factory, buy a certain company, issue more stock, or expand their employee retirement benefits. Economists ...

  6. Decisional balance sheet - Wikipedia

    en.wikipedia.org/wiki/Decisional_balance_sheet

    Decisional balance sheet. A decisional balance sheet or decision balance sheet is a tabular method for representing the pros and cons of different choices and for helping someone decide what to do in a certain circumstance. It is often used in working with ambivalence in people who are engaged in behaviours that are harmful to their health (for ...

  7. Construction estimating software - Wikipedia

    en.wikipedia.org/wiki/Construction_estimating...

    Construction estimating software. Construction cost estimating software is computer software designed for contractors to estimate construction costs for a specific project. A cost estimator will typically use estimating software to estimate their bid price for a project, which will ultimately become part of a resulting construction contract.

  8. Benefit–cost ratio - Wikipedia

    en.wikipedia.org/wiki/Benefitcost_ratio

    Benefit–cost ratio. A benefit–cost ratio [1] ( BCR) is an indicator, used in cost–benefit analysis, that attempts to summarize the overall value for money of a project or proposal. A BCR is the ratio of the benefits of a project or proposal, expressed in monetary terms, relative to its costs, also expressed in monetary terms.

  9. Triple bottom line cost–benefit analysis - Wikipedia

    en.wikipedia.org/wiki/Triple_bottom_line_cost...

    Origins. TBL-CBA has its origins in cost–benefit analysis, the triple bottom line, and life-cycle cost analysis.. Cost–benefit analysis (CBA) Cost–benefit analysis (CBA) is a systematic approach to estimating the strengths and weaknesses of alternatives (for example in transactions, activities, functional business requirements); it is used to determine options that provide the best ...

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