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COST-BENEFIT ANALYSIS IS PERFORMED DURINGQuestion 10Answera.Maintenance b.Feasibility study phasec.Implementation phased.Analysis phase

Question

COST-BENEFIT ANALYSIS IS PERFORMED DURING

Question 10

Answer

a. Maintenance
b. Feasibility study phase
c. Implementation phase
d. Analysis phase

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Solution

Identification of Options

  1. a. Maintenance
  2. b. Feasibility study phase
  3. c. Implementation phase
  4. d. Analysis phase

Consideration of Each Option

  1. Maintenance: This phase involves ongoing operations after implementation. While cost-benefit analysis may occur, it's generally not a primary focus at this stage.
  2. Feasibility study phase: This is where the viability of a project is assessed, and cost-benefit analysis is crucial to determine whether the potential benefits justify the costs.
  3. Implementation phase: During this phase, the project is executed. However, the primary focus is on carrying out the plans rather than analyzing costs and benefits.
  4. Analysis phase: This stage encompasses a broader assessment of all variables, including cost and benefit evaluations, to improve decision-making.

Conclusion

The most appropriate phase for performing a cost-benefit analysis is during the Feasibility study phase (option b). This phase determines if a project is worth pursuing based on its anticipated costs and benefits. Therefore, the answer is:

Final Answer

b. Feasibility study phase

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