Implementing Digital Forensic Readiness

Appendix E: Cost–Benefit Analysis

Introduction

Completing a cost–benefit analysis is a critical step for successful project management execution. It details the potential risks and gains of a proposed solution through a comparative assessment of the program’s benefits against the costs associated with implementing it. If the results of this assessment identify that the benefits of the program outweigh the costs incurred to operate it, then the organization will be able to demonstrably agree to follow through with the implementation.

While completing a cost–benefit analysis requires those involved to maintain a quantitative perspective on the outcome, the activities involved in this process can be viewed as somewhat of an art form than a science. ...