view point on cost benefit analysis

The process involves monetary value of initial and ongoing expenses vs. expected return. Constructing plausible measures of the costs and benefits of specific actions is often very difficult. it is used to estimate costs and benefits either by using survey methods or by drawing inferences from market behavior.Cost–benefit analysis attempts to put all relevant costs and benefits on a common temporal footing.Inputs are typically measured in terms of opportunit costs - the value in their best alternative use.In its simple form, cost-benefit analysis is carried out using only financial costs and financial benefits.Cost-Benefit Analysis (CBA) estimates and totals up the equivalent money value of the benefits and costs to the community of projects to establish whether they are worthwhile.