Explain about the term cost-benefit analyses, Project Management

Assignment Help:

Explain about the term cost/benefit analyses.

Cost/benefit analyse:

Cost/benefit analysis is the procedure of knowing, and as far as probable quantifying, the costs of responsibility a project and contrasting such along with the advantages expected to flow from this. Senior managers should be convinced which the benefits outweigh the costs for a project to be approved.

Related Discussions:- Explain about the term cost-benefit analyses

Advantages and disadvantages of a matrix project structure, C Consultancy C...

C Consultancy Company gives management consultancy to a range of organisations. It employs staff who have dissimilar industry backgrounds and who also offer dissimilar specialisms

Skills helpful in project and programm support office, What skills are help...

What skills are helpful when working in Project and Programme support office? The skills which are most helpful probably include in Project and Programme support office: a.

Organisation''s sustainability targets, Explain how operations management m...

Explain how operations management might contribute towards achieving an organisation's sustainability targets. Operations management may be contribute to achieving an organisa

Develop a new product from the given product ingredient, To develop a new p...

To develop a new product from the given product ingredient. • explore new ideas for product development, • understand the concept of development of a process, • gain kno

Disadvantages of product layout - heavy capital expenditure, Disadvantages ...

Disadvantages of Product Layout - Heavy capital Expenditure This layout requires heavy capital investment in machines and equipment and for providing specialized facilities to

Advantages of three dimensional models, Advantages of Three Dimensional Mod...

Advantages of Three Dimensional Models Layouts made of models are easier to understand by laymen. It is easy to explain to the management. Models can be shifted eas

Allocation of resources, Explain how resource allocation can impact an orga...

Explain how resource allocation can impact an organisation?

Manager’s personal values with team members, Managers can trace, diagnose, ...

Managers can trace, diagnose, analyze, quantify, and find timely solutions when they are familiar with organizational culture. Managers fail in implementing new strategies and new

Explain the development process, Question 1: "Total Quality Management ...

Question 1: "Total Quality Management is regarded as a quick fix solution by many organizations.This has led many companies to start on the road to total quality improvement in

Discuss ways to review a project, Question: (a) A famous man once said:...

Question: (a) A famous man once said: "If you do not know where you are going, how will you know how you will reach your destination". This sentence captures the importance of

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages