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Use A Cost-Benefit Analysis to Learn The Truth
An correctly prepared cost benefit analysis provides you with the knowledge you need to make more educated decisions.
When was the last time you made a choice based on a ‘gut feeling’ or a ‘hunch’?
How did that decision go?
Gathering as much data as possible before making any major decision is the greatest thing you can do. A Cost Benefit Analysis can help you make the best decision possible.
Can you really afford to make critical decisions on the spur of the moment?
Provides Greater Assurance
Important decisions should never be made on a whim. This is even more important when these decisions are monetary decisions that effect the performance and 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 significantly reduce the risk between failure and success.
3 Valuable Advantages of Using A Cost Benefit Analysis
Benefit 1: 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.
Benefit 2: Make the best decision possible
Know that you have made the best decision with the information you have.
Benefit 3: Identify if it is worth of your time
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.
Huge Time Saver Cost Benefit Analysis Template
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.
The following images are the first 4 pages of this Cost Benefit Analysis Template.
Title Page
The following page is the title page. You can easily customize this to suit your business.
Cost Benefit Analysis Template – Title Page
Table of Contents
The Table of Contents are fully automated in Microsoft Word. 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.
Cost Benefit Analysis Template – Table of Contents
Introduction
Review the introduction page below. This includes a project purpose, project background scope and overview.
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
Costs
The costs sections allows space for costs associated with establishing a cost benefit.
Cost Benefit Analysis Template – Costs
This is a detailed document that includes tables for:
Tangible benefits
Development costs (Non-recurring)
Recurring costs
and more.
Cost Benefit Analysis Template – MS Word Snapshot
Free Bonus Case Study Template
When you purchase the Cost Benefit Analysis Template we also include the Case Study Template free.
Case Study Template – MS Word Snapshot
Total Inclusions
Cost Benefit Analysis Template Microsoft Word .docx Pages 12 Word Count 550
Case Study Template Microsoft Word .docx Page Count 14 Word Count 1464
Previous Customer Comments
by Tariq
David, You and your team have done an awesome job with the site and these templates. They are really useful and a time saver. I wish if you could divide them in different categories and have different bundles, it might be easier for users to navigate and decide which one to buy. Anyway, awesome site, awesome content, and thank you for helping me out.
Best regards, Tariq
by Adam Grancell
Buying something off the internet always comes with a certain amount of risk. I had full confidence buying this template from you because firstly it is through Paypal and secondly, you offer a 100% money back guarantee if I am not happy.
However, I didn’t need to request a refund because it was perfect for my needs. Thank you for saving me “tons” of time!
Adam Grancell Fast Project Systems Canada
by Farai Mutambanengwe
Simple, hassle-free, effective! Like other reviewers here, I too was looking for a no-frills Standard Operating Procedures template, and when I got to David’s site, that was exactly what I saw, a purpose-made template that cuts to the chase and delivers exactly what any small business needs. Dave was also able to respond very quickly and generously to a peculiar request that I made via e-mail, so you can be assured there is a great human face behind the site 🙂 . Totally delighted with my purchase, and I strongly recommend these templates particularly for small and growing businesses looking to standardise their processes quickly.
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Thank you I have seen your YouTube videos and they have been a great help to me. Thanks. Joumana.
by Lee
Thank you! I love the document and it is perfect for what I am working on. Sincerely, Lee
Our templates are designed for simplicity – easy to use and quick to implement. Open them in Microsoft Word, locate the highlighted sections, and tailor them to your specific needs.
Customize in Minutes with Red Highlights
To assist you in quickly and easily customizing our templates, all items that require customization are highlighted in red.
Simply use Microsoft Word’s Find and Replace tool (Ctrl+H), to identify and replace all relevant items in a single command, or scroll through and change the items highlighted in red.
Find and Replace Tool | MS Word
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Can you really afford to make critical decisions on the spur of the moment?
Don’t make an educated estimate. Take action now and make educated judgements by using a Cost Benefit Analysis.
Regards,
David
P.S. The price of our products do rise based on upgrades, improvements and demand. We encourage you to buy today not only to avoid missing out at this price, but also to immediately reap the benefits of creating a cost benefit analysis faster and easier.
Frequently Asked Questions
Is this complicated Software or Subscriptions?
No. This is not complicated software requiring an ongoing subscription or annual fee. It is a one off payment. There is no huge learning curve either. Just purchase, download and get on with the task of creating your documents quickly, easily and with no fuss using MS Word and MS Excel templates.
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