an analysis of the cost effectiveness of different alternatives in order to see whether the benefits outweigh the costs
A methodology to help appraise or assess the case for a project or proposal, by estimating the net cost or benefit of the project of proposal.
Any comparison of costs and benefits.
U.S. National Library of Medicine
A method of comparing the cost of a program with its expected benefits in dollars (or other currency). The benefit-to-cost ratio is a measure of total return expected per unit of money spent. This analysis generally excludes consideration of factors that are not measured ultimately in economic terms. Cost effectiveness compares alternative ways to achieve a specific set of results.
The numerical value of cost-benefit analysis in Chaldean Numerology is: 2
The numerical value of cost-benefit analysis in Pythagorean Numerology is: 2
Images & Illustrations of cost-benefit analysis
Translations for cost-benefit analysis
From our Multilingual Translation Dictionary
Get even more translations for cost-benefit analysis »
Find a translation for the cost-benefit analysis definition in other languages:
Select another language:
Discuss these cost-benefit analysis definitions with the community:
Word of the Day
Would you like us to send you a FREE new word definition delivered to your inbox daily?
Use the citation below to add this definition to your bibliography:
"cost-benefit analysis." Definitions.net. STANDS4 LLC, 2017. Web. 16 Dec. 2017. <http://www.definitions.net/definition/cost-benefit analysis>.