Efficiency of Cost-Benefit Analysis

Cost-Benefit Analysis
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Mr Desert Joseph

Efficiency of Cost-Benefit Analysis

I think CBA is a easy good method to use, but one should integrate it with other methods in order to meet efficiency. Also if one is aware of the risks of using CBA, one is in better position to use it productively based on the fact that it is a very open approach. The user is allowed to apply it everywhere but in line with his or her situation, there is no standardised variables.

  Richard Aghama Okundia
Student (Other), Nigeria
 

Cost-benefit Analysis as a Tool for Managerial Efficiency

Management are faced with dilemmas when it comes to making decisions and aligning the corporate resources. I think the greatest problem managers face in CBA is assigning value to variables.

  M.B. Mphahlele
Consultant, South Africa
 

Assigning Value to Variables in Cost Benefit Analysis

Assigning value to variables requires a combination of the application of robust statistical analysis of the variables and talent.
Talent is a subjective endowment and that is the reason people differ in levels of achievements.

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