Cost Benefit Analysis Quick Start

A solid cost-benefit analysis (CBA) is an essential component of a business case used to ensure sound decisions when spending organizational resources. Professionals with the skills to understand and develop CBAs are more effective when working with stakeholders at all levels who need to understand the value proposition of business decisions. This course will help you develop some CBA savvy and broaden your professional skillset—whatever your organizational role may be.

How You Will Benefit

Students completing this course will be provided a clear and concise understanding of how a Cost-Benefit Analysis, a critical component of a Business Case, can help bring credibility to your pre-project activities. Additionally, you will learn more about key financial tools that can be used to better recognize the potential economic upside or downside of undertaking a project.

What You Will Learn

In this course, you will learn the foundational building blocks for preparing a Cost-Benefit Analysis which is a key component for preparing a business case. After this course you will be able to:

• Understand the context for developing a cost-benefit analysis
• Define types of costs and benefits
• Utilize various financial analysis tools

Who Should Attend

This course is intended for any member of a project team or organization who wants to better understand how completing a Cost-Benefit Analysis can aid project selection.

Format

Video-on-demand; includes 6-months digital access to all training materials.

Duration / PDU Value

PDUs: 3 CDUs: 3

Outline

• Learning Objectives and Agenda
• Overview – Cost-Benefit Analysis
• Benefits of a Cost-Benefit Analysis
• Costs of a Cost-Benefits Analysis
• Financial Analysis Tools
• Presenting a Cost-Benefit Analysis
• Summary