Cost-benefit analysis is a term used to weigh the costs against the gains of a particular action or decision. Synonyms for cost-benefit analysis include:
1. Economic evaluation: This refers to the process of using economic principles to assess the value of a particular investment or policy decision.
2. Risk assessment: This involves evaluating the potential risks associated with a particular action or decision, and weighing them against the potential benefits.
3. Net present value analysis: This is a financial analysis technique that takes into account the time value of money and determines the present value of future cash flows.
4. Return on investment analysis: This is a method of evaluating the financial return on an investment, by comparing the expected profits to the initial cost.
5. Decision analysis: This is a systematic process of evaluating alternatives and making choices based on a set of criteria.