Cost Benefit Analysis Template

Can you afford to guess important decisions?
Use a Cost Benefit Analysis and get the facts

Image of Cost Benefit Analysis Template Cover

Cost Benefit Analysis Template

An accurately produced cost benefit analysis allows you to get accurate answers that then allow you to make informed decisions. When was the last time you made a decision based on a ‘hunch’ or a ‘gut feel’. How did that decision go?

The best thing you can do for any major decision is get as many of the facts as you can. This then allows you to make a decision that will be based on fact instead of just based on a ‘hunch’. Potentially, this could let you sleep much better at night.

3 Advantages of Using a Cost Benefit Analysis to Make Important Decisions

Making important decisions shouldn’t just be a ‘stab in the dark’. This is certainly important when these decisions are monetary decisions that effect the profitability of your company.

Creating a Cost Benefit Analysis is the key to making the ‘right’ decision. Yes, you may not be able to know absolutely everything, and yes, things may go wrong, however, making an educated decision is going to make a huge difference to success.

Here are 3 advantages of using a Cost Benefit Analysis

1. You will eliminate the majority of unknowns

The things that you don’t know are the things that potentially could upset what you are trying to achieve. Planning for these things allows you to eliminate them upfront.

2. You will certainly sleep better at night

Know that you have made the best decision with the information you have.

3. It will identify if it is worth it

The number crunching exercise will clearly identify the cost benefit to you and you will see if the whole exercise is actually going to be worth the effort.

Use a Template and Save Time and Money

Using a Cost Benefit Analysis Template is going to allow you to save considerable time and effort. You will be able to concentrate on the actual project instead of trying to create the actual document.

Using a template is certainly a great way to save time. Check out the following Cost Benefit Analysis Template below.

Take a Look at the Detailed Contents

The following images are the first 4 pages of this Cost Benefit Analysis Template.

The following page is the title page.

Image of Cost Benefit Analysis Template Title Page
Cost Benefit Analysis Template | Title Page

The Table of Contents are fully automated in MS Word.

This means you can go into the body of the document, add a section and then come back and update the table of contents. This saves tons of time.

Image of Cost Benefit Analysis Template Table of Contents
Cost Benefit Analysis Template | Table of Contents

Review the introduction page below. This includes a project purpose, project background scope and overview.

Cost Benefit Analysis Template
Cost Benefit Analysis Template | Introduction

Management Summary
This section includes sections for assumptions and constraints, methodology evaluation criteria and recommendations.

Cost Benefit Analysis Template Costs
Cost Benefit Analysis Template | Costs

The costs sections allows space for costs associated with establishing a cost benefit.

Cost Benefit Analysis Template Costs
Cost Benefit Analysis Template | Costs

This is a detailed document that includes tables for:

– Tangible Benefits
– Development Costs (Non-recurring)
– Recurring Costs.

and more.

5 Advantages of Using this Template

There are many advantages to using a template to complete your Cost Benefit Analysis.

1. You will save time

Time to spend with the family or time to relax away from work. If you need more time, utilizing a template will save you significant time.

2. The document is already formatted

There is no need to have to waste time setting up a document from scratch. This template is formatted and ready to go. All you need to do is customize it to suit your needs.

3. The template comes with a fully automated Table of Contents

This in itself saves significant time, reduces errors dramatically and is so easy to use.

4. You won’t have to think about your proposal structure

Why reinvent the wheel? Use a template that is straight to the point and professional.

5. You will look professional

You will present yourself and organization professionally.

What is Included?

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Using templates saves a huge amount of time.

All the best with your business.




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