Implementing Digital Forensic Readiness, 2nd Edition

Addendum C: 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 the proposed solution(s) 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 operating 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 are more of an art form than a science. Although performing a ...