Optimal decision-making requires trade-off analysis; justification of the allocation of scarce financial resources to attain performance goals; and evaluation of policies for organizational benefit. This process can be daunting if your actions aren’t rooted in empirical evidence. Cost-benefit analysis provides a model for organizing facts, assumptions, estimates, and findings to align your decisions with your organization’s goals and mission. You will learn to conduct accurate cost-benefit analyses using fundamental principles, best practices, and powerful tools.
This course is designed for individuals who want to understand and apply cost-benefit analysis to support decision-making in their organizations.