Cost-benefit analysis is a process for calculating the possible expenses of a project with the possible gains, and determining whether the gains justify the expenses. This can be useful in comparing possible options, and determining which option is best. Which step towards the creation of a citizen action plan would benefit from cost-benefit analysis? Conducting background research Evaluating the public policy alternatives Identifying the issue Determining the goal and criteria
A cost benefit analysis is useful in choosing options in building programs or selecting policy options by analyzing the potential proposals and also the alternatives to this proposal. Therefore, in creating a citizen action plan would benefit from cost-benefit analysis in evaluating the public policy alternatives.
