Steps in Cost-Benefit and Cost-Effectiveness Analysis

Steps in Cost-Benefit and Cost-Effectiveness Analysis

  1. Navigate to the threaded discussion below and respond to the following prompts:
  2. List and assess eight steps in conducting benefit-cost analysis, cost-effectiveness analysis, or cost-utility analysis.
  3. Which step do you feel is most important and which is least important?
  4. Defend your position
Answer Preview
When making a decision, it is essential to understand the benefits and the costs of every organization’s choice.  Conducting cost-benefit and cost-effectiveness analysis defines and measures the comprehensive benefits and costs of technology to facilitate decision making…
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