Cost-Benefit Analysis Template (Page 3 of 3) in pdf

Cost-Benefit Analysis Template Page 3

Cost-Benefit Analysis Template

5. BENEFITS (Tab 3 of Excel workbook)

[This section describes benefits that can be assigned dollar values for each alternative system

described above. Like costs, this may be done in the companion spreadsheet or by listing out the

specific category of benefits for each alternative below

Examples of types of benefits include:



Cost reductions such as value enhancement



Recurring benefits, such as lower overhead



Labor cost reductions]

6. COMPARATIVE COST/BENEFIT SUMMARY (tab 4 of Excel workbook)

[This is a summary of the cost and benefits identified in detail in the previous sections. Present the

elements below in a manner that facilitates comparison.

As with sections 4 and 5, this may be done in the companion spreadsheet or by listing out the specific

category of benefits for each alternative under the appropriate section headings. This section should

include:



Cost of each alternative over its estimated lifetime (taken from section 4)



Expected benefits of each alternative over its estimated lifetime (taken from section 5)



Comparison of the two



Recommendation based on the comparison



Additional reasons for the recommendation, if any]

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