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cost-benefit analysis
(redirected from Cost Benefit Analysis)

   Also found in: Dictionary/thesaurus, Medical, Financial, Acronyms, Wikipedia 0.01 sec.

cost-benefit analysis

In governmental planning and budgeting, the attempt to measure the social benefits of a proposed project in monetary terms and compare them with its costs. The procedure was first proposed in 1844 by Arsène-Jules-Étienne-Juvénal Dupuit (1804–66). It was not seriously applied until the 1936 U.S. Flood Control Act, which required that the benefits of flood-control projects exceed their costs. A cost-benefit ratio is determined by dividing the projected benefits of a program by the projected costs. A wide range of variables, including nonquantitative ones such as quality of life, are often considered because the value of the benefits may be indirect or projected far into the future.


cost-benefit analysis
An analysis of a construction contract with the objective of identifying all the included costs and evaluating their benefits.


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However, this devaluation of elderly life has been repeated in the Clear Skies Initiative, making one wonder whether forces within the executive branch are cloaking an anti-regulatory policy agenda behind a veneer of cost benefit analysis.
Mr Pratt said the US vetted legislative proposals, and would not allow those that failed cost benefit analysis to proceed.
Southland taxpayers can't afford to be on the hook for billions of dollars as a result of ambiguous regulations adopted without benefit of the legally-required cost benefit analysis," Forester said.
 
 
 
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