______ is a balanced approach that adds all the costs of implementation and compares them with the project value of the resulting product or services.
A)direct and indirect cost analysis
B)cost-benefit analysis
C)qualitative analysis
D)decision tree analysis

Question

Quizplus · Accepted Answer

Cost-benefit analysis involves adding up all the costs of implementation, including direct and indirect costs, and comparing them to the expected benefits or value of the resulting product or service. This analysis helps to ensure that a project is economically viable and valuable for the organization. Qualitative analysis and decision tree analysis are not specifically focused on costs and benefits, and direct and indirect cost analysis is only a small part of the overall cost-benefit analysis process.

______ Is a Balanced Approach That Adds All the Costs