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What are the steps for a cost-benefit analysis?

Annie Barnes

in Business

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Ashley Howard on September 16, 2018

There are six steps to a cost-benefit analysis. These are the steps:Step 1.Understand the cost of maintenance of the status quo. Step 2Identify cost.Step 3. Identify benefitsStep 4Determine the cost savingStep 5Create a timeline of expected costs and revenueStep 6Evaluate non-quantifiable benefits and costsSo these are the six steps that will help you to produce a meaningful and actionable cost-benefit analysis


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