Step 4: Predict the effects of the proposed regulation over time. Step 5: Monetize (assign monetary values to) the effects. In a cost-benefit analysis, the anticipated or anticipated costs (or ...

And a cost-benefit analysis doesn't have to be complicated. You simply draw a line down the middle of a piece of paper to create two columns. On the left, list the benefits of achieving a given goal.

It may be desirable to poll public opinion on a controversial project, and the public's wishes may take precedence over the results of analysis. Some of the broader issues are discussed in ``How to ...

Tangible benefits are derived by estimating the cost savings of both human and machine resources to run the new system versus the old one. Intangible benefits, such as improved customer service ...