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Steps in Cost Benefit Analysis

      

Steps in Cost Benefit Analysis

  

Answers


Faith
i) Identify the target population who are to benefit from the project what are the socio, economic conditions w/o the project? How many are they? What are the peculiarities of each region?
ii) Identify cost and benefit items of the project
iii) Value the items of cost and benefits in monetary terms
iv) Discounting so as to get the pivot of the costs and benefits.
v) Decision making i.e. whether the project justifies allocation of resources
vi) Sensitivity analysis to determine selection or rejection of project in case of changes in some of the assumptions underlying the project.
vii) Measurement of the projects impact on the target population

Titany answered the question on November 15, 2021 at 08:28


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