Is cost-benefit analysis leading to bad decisions?

Is cost-benefit analysis leading to bad decisions?

By Discovery Lean Six Sigma

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Is cost-benefit analysis leading to bad decisions?

Cost-benefit analysis is one of the most widely used methods used by companies and governments to compare alternatives and drive decision making.  What makes this method so popular is its quantitative basis and relative simplicity – the concept of cost-benefit analysis is easy for almost anyone to grasp.  But is this evaluation tool being over-used and leading to bad decisions?... perhaps.

 





Original: http://www.kepner-tregoe.com/blog/is-cost-benefit-analysis-leading-to-bad-decisions/

By: Jeff Robinson
Posted: March 21, 2018, 4:00 am

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