Cost-Benefit Analysis (CBA)
Cost-Benefit Analysis (CBA) is a systematic process used in decision-making to evaluate the financial and non-financial pros and cons of a project, policy, or investment. It involves quantifying the expected costs and benefits over a defined period and comparing them to determine if the project is economically viable. CBA helps assess whether the benefits outweigh the costs, aiding in rational resource allocation and decision-making.
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