The Cost Benefit Analysis (CBA) is a financial tool for identifying if a project, initiative or investment opportunity is profitable for the company. With the CBA, you will be able to asses a project, compare different initiatives and determine by how much the benefits outweigh the costs. Do you want to prove a project is cost-effective? Do you need to decide between multiple options for investment? Use the Cost Benefit Analysis PowerPoint Template to determine and communicate your company’s next strategic action.
This is a special slide you can include in your final presentation or use as a roadmap to execute your Cost-Benefit Analysis. The CBA is not only a process but a powerful decision-making tool that will help you develop conclusions and pick the right project or initiative to meet your business goals.
Keep in mind that the CBA works with costs and benefits expressed in monetary terms. This way, you will be able to calculate the profitability of the project. Use the CBA table to list direct, indirect, tangible, and intangible costs and benefits. Take your time to fill in each section correctly.
Once you’ve identified the benefits of an action and its associated costs, the next step is easy. Apply the Cost-benefit ratio formula which looks like this: Benefit/Cost. In short, it is the sum of all project benefits divided by the sum of costs. And as you have all of this in monetary terms, the equation won’t take you long.
Decision-making tool
An efficient decision-making process implies assessing different alternatives and analyzing the possible outcomes. The CBA provides high-quality information for managers to make the right decisions.
Support your conclusions
Another advantage of the Cost-Benefit Analysis is that, as a financial tool, it gives you quantitative data to support your decisions and conclusions.
A high-quality presentation
The Cost-Benefit Analysis PowerPoint Template is ideal for project managers, business strategists, and consultants.
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