Difference between revisions of "Cost-benefit analysis"
From EUROCONTROL ATM Lexicon
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Revision as of 09:59, 2 September 2011
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Term | cost-benefit analysis |
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Abbreviation
Cost-benefit analysis | CBA |
Definition
Cost-benefit analysis | 1) An evaluation method that provides a logical and consistent framework for assessing a particular option or options. A CBA gives an indication of the total economic welfare effects of a project by comparing all costs and benefits.
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Definition Source
Cost-benefit analysis | 1) ICAO, DOC 9829 Guidance on the Balanced Approach to Aircraft Noise Management 2008, 2nd ed., p. (v) 2) EUROCONTROL (2008) Airport CDM Implementation Manual [1] |
Note
Cost-benefit analysis |