Cost Benefit Analysis Essay Example for Free

be receipts Analysis EssayWhen operating a business or managing a project, there are legion(predicate) moving parts that need to be discussed, evaluated, and/or implemented. A very in force(p) tool that set up help that can help in a business decision or project is track a court benefit abbreviation. Running this analysis will help a project manager determine how well, or how poorly, a planned action will turn out (John Reh, 2014). This type of analysis relies on the addition of positive factors and the subtraction of negative ones to determine a net result (John Reh, 2014). When pose a together a cost benefit analysis for a big production accompany like Bubble Films, it is a big project to own. Having 150 employees spread out into multiple states makes it effortful to get all the information needed. There are many factors when you are dealing with multiple areas of cognitive process to provide an accurate cost benefit analysis. The cost of networking equipment and the power it takes to operate them.The amount of cloud blank shell and the security holdd to protect it and the power to operate. Once you start operating outside of the office, conducting an accurate cost benefit analysis. With the employees working at home, are they working the full day or a hardly a(prenominal) hours here and there? Do you have to pay for their use of electricity and internet, per diem? Is it more cost effective to put everyone in an office rather than work at home? Many questions have to be answered to create and effective analysis. Cost benefit analysis is a very important tool to use when pitching a new idea or project. This will show the investor, project manager, or chief operating officers exactly where their money is going to go and how they are going to make a return. It similarly helps identify flaws in the budget and whether a company can expand or downsize.ReferencesJohn Reh, F. (2014). Cost Benefit Analysis. Retrieved fromhttp//management.about.co m/cs/money/a/CostBenefit.htm