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cost-benefit analysis |
Also found in: Medical, Financial, Wikipedia | 0.12 sec. |
cost-benefit analysisIn 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. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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As dental care costs continue to skyrocket, companies are searching for new products and alternative solutions that meet both their cost and benefits requirements," said Jim Fuhrman, chief marketing officer at PDBI. Moderated by Gartner vice president, Massimo Pezzini, the Vendor Panel Discussion will follow on Tuesday, October 29th, and will present several perspectives on the cost and benefits associated with application integration and Web Services as they relate to complete business integration. ESA's RUNet 2000 project responsibilities include a series of web sites to be jointly developed by Rutgers and ESA which are aimed at helping the university effectively communicate the details, timing, cost and benefits of the planned infrastructure upgrade to a wide ranging audience via the Internet. |
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