Define risk-benefit analysis, Humanities

Define Risk-Benefit Analysis? 

Risk benefit analysis is a method that helps the engineers to examine the risk in a project and to verify whether a project should be implemented or not. In risk benefit analysis, the risks and advantages of a product are allotted to money amounts, and the most benefit able ratio among risks and benefits is calculated. 

 

Posted Date: 7/30/2013 7:13:32 AM | Location : United States







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