The Analysis
Once all the costs and benefits have been valued, it's time to do the cost-benefit analysis.
The analysis consists of two simple steps:
Compare costs to benefits.
Value the problem, the solution, and the result.
The resulting analysis report should interpret the results of the comparison and provide recommendations about solutions.
Comparing costs to benefits means determining which items are larger than others. Comparisons should be made of the totals and any similar line items.
If the costs outweigh the benefits, the trainer can do several things:
Decide not to go forward with the project.
Change the course to make it less costly or to accrue more benefits.
Emphasize that some benefits are more vital than the large costs or are long-term. ...
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