In a BCA, what does cost-benefit analysis compare?

Study for the NATTC Pensacola Master Training Specialist Test. Prepare with flashcards and multiple choice questions with hints and explanations. Get exam ready today!

Multiple Choice

In a BCA, what does cost-benefit analysis compare?

Explanation:
Cost-benefit analysis compares costs to benefits over time. In a BCA, you quantify the initial and ongoing expenditures for each viable alternative and relate them to the expected financial and non-financial benefits. This side-by-side comparison shows which option delivers the best net value, considering both what you spend and what you gain. The other topics—risk results, vendor criteria, or a training schedule—relate to different aspects of planning rather than the overall cost-benefit tradeoff that a BCA assesses.

Cost-benefit analysis compares costs to benefits over time. In a BCA, you quantify the initial and ongoing expenditures for each viable alternative and relate them to the expected financial and non-financial benefits. This side-by-side comparison shows which option delivers the best net value, considering both what you spend and what you gain. The other topics—risk results, vendor criteria, or a training schedule—relate to different aspects of planning rather than the overall cost-benefit tradeoff that a BCA assesses.

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