IGNOU MGS 4 2017 2018 - What is Cost Benefit Analysis (CBA)? Explain the significance of Cost

Question

What is Cost Benefit Analysis (CBA)? Explain the significance of Cost Benefit Analysis in Gender Planning and Policy Making.

13 Jan 2018

Answer :

Word Count : 289

Cost Benefit Analysis (CBA) is a systematic approach used to evaluate the costs and benefits of a project, policy, or program in monetary terms. It is a method for assessing the economic efficiency of various alternatives by comparing the total costs with the total benefits to determine if the project is worthwhile. CBA involves quantifying and monetizing both tangible and intangible impacts, which allows for a comprehensive comparison of options.

In the

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