All terms

Cost-Benefit Analysis

A financial technique comparing expected costs and benefits to assess project viability.

Original SimCert study summary; not an official PMI® glossary definition.

Performance domain · ScopePrinciple · Focus on ValueExam domain · Business Environment

Questions that use this term

Business Environment·Governance

An organization is evaluating whether to continue funding a project after the first phase because market conditions have changed since the business case was approved.

What should the project manager provide to support this governance decision?

Practise this domain

Nearby terms in Scope