Cost Benefit Analysis Essay

When operating a assembly line or managing a project, there be more moving parts that need to be discussed, evaluated, and/or implemented. A very effective tool that canister help that can help in a business decision or project is running a cost benefit epitome. Running this analysis volition help a project manager desexualise how well, or how poorly, a planned action leave alone turn out (John Reh, 2014). This type of analysis relies on the addition of positive factors and the subtraction of negative ones to determine a net result (John Reh, 2014). When putting a together a cost benefit analysis for a big production company like Bubble Films, it is a big project to own. Having cl employees spread out into multiple states makes it difficult to get all the information needed. There are many factors when you are dealing with multiple areas of operation to provide an accurate cost benefit analysis. The cost of networking equipment and the bureau it takes to operate them.The amo unt of cloud space and the security functiond to protect it and the power to operate. Once you get weaving operating outside of the office, conducting an accurate cost benefit analysis. With the employees working at home, are they working the wide of the mark day or a few hours here and there? Do you have to pay for their use of electricity and internet, per diem? Is it more cost effective to put everyone in an office rather than work at home? Many questions have to be answered to create and effective analysis. Cost benefit analysis is a very important tool to use when pitching a new idea or project. This result show the investor, project manager, or CEOs exactly where their money is going to go and how they are going to make a return. It also helps identify flaws in the budget and whether a company can expand or downsize.ReferencesJohn Reh, F. (2014). Cost Benefit Analysis. Retrieved fromhttp//management.about.com/cs/money/a/CostBenefit.htm