Cost/Benefit Analysis Flashcards

1
Q

3 scenarios to use CBA

A
  1. Program Specific
  2. Goal Specific
  3. Justify my desire
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2
Q

How to do CBA

A
  1. List costs/benefits
  2. Assign $ value to each
  3. Discount Future Net Benefits and Net Present Value
  4. Compare
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3
Q

Example Costs and Benefits

A
Costs
        Seen
                Government 
                        implementation
                        enforcement
                        maintenance
                Private
                        Compliance
                        Upkeep
                        Secondary
	Unseen
	Unintended
	Loss of life

Benefits
Life
Taxes/Revenue
Measurable tangibles

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