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Managing Projects, 5th Edition by Institute of Leadership & Institute of Leadership & Management

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Session B

Analysis of costs andbenefits

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1   Introduction

If you are thinking about buying a new car you will have a number of points in mind. Cost will be important, as will the condition of the car and its reliability. If you have a family and a dog you are likely to look for a different kind of car than if you are single. But once you have narrowed your choices to, say, three different cars, you will need specific measures to help you make the final choice. Price, fuel economy and servicing costs are likely to be important in your choice.

Money is also an important measure in organizations. There is little point in spending money on anything ...

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