Certificate in Cost Benefit Analysis

Cost Benefit Analysis

About Cost Benefit Analysis
A cost-benefit analysis is a systematic process that businesses use to analyze which decisions to make and which to forgo. The cost benefit analyst sums the potential rewards expected from a situation or action and then subtracts the total costs associated with taking that action. Some consultants or analysts also build models to assign a dollar value on intangible items, such as the benefits and costs associated with living in a certain town.

Why is Cost Benefit Analysis important?
Cost benefit analysis offers unique and valuable insight by
•    Developing benchmarks for comparing projects
•    Deciding whether to pursue a proposed project
•    Evaluating new hires
•    Weighing investment opportunities
•    Measuring social benefits
•    Appraising the desirability of suggested policies
•    Assessing change initiatives
•    Quantifying effects on stakeholders and participants

Who should take the Cost Benefit Analysis Exam?
•    Project management, Costing, Finance and Accounting professionals
•    Business owners
•    Entrepreneurs
•    Project management, Costing, Finance and Accounting managers and senior executives
•    Project management, Costing, Finance and Accounting consultants
•    Any professional with skills and knowledge on Cost Benefit Analysis
•    Anyone interested in Cost Benefit Analysis
•    Students

Cost Benefit Analysis Certification Course Outline
1. Costs
2. Estimating costs and benefits
3. Cost Benefit Analysis Basics
4. Preparing a Cost Benefit Analysis
5. Conducting a Cost Benefit Analysis
6. Understanding Cost Benefit Analysis