Return on Software: Maximizing the Return on Your Software Investment

Benefit-Cost Analysis for a Single Proposal

Benefit-cost analysis is one of the most widely used methods for evaluating nonprofit proposals. The U.S. Flood Control Act of 1936 is generally acknowledged as the first description of this technique:

It is hereby recognized that destructive floods upon the rivers of the United States, upsetting orderly processes and causing loss of life and property, including the erosion of lands, and impairing and obstructing navigation, highways, railroads, and other channels of commerce between the States, constitute a menace to national welfare; that it is the sense of Congress that flood control on navigable waters or their tributaries is a proper activity of the Federal Government in cooperation with the States, ...