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Describe the Relationship Between Cost Benefit Analysis and Time in Project Management

      

Describe the Relationship Between Cost Benefit Analysis and Time in Project Management

  

Answers


Faith
In CBA analysis we measure. The net benefits of projects or policies that generate costs and benefits are a period of time. With costs and benefits often occurring in different time polls. But a shilling of costs or benefits ten yes from today is not directly comparable to a shilling costs or benefits today.
We use discounting as a common denomination n for the products.
Input values into CBA

Discounting rate
Rate is influenced by factors like interest rates
- Future rates of economic growth
- Future rates of population growth
- Future rates of inflation
- Future rates of technological change

Benefits
It may include:-
- Monitoring value for marketed goods
- Monitoring value for how marketed directly used goods
- Monitoring value for how marketed passively used goods
- And goods sources for which monitoring rather cannot be measured


Titany answered the question on November 15, 2021 at 08:14


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