Cost Benefit Analysis Example 3Cost Benefit Analysis Example 3Cost Benefit Analysis Example 3
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Simple Benefit/Cost Analysis Tool
This tool is intended to offer a simple method for evaluating possible improvement
options. At this point you should have identified an environmental aspect to work on, and
have established some possible improvement options. Follow the instruction below for
filling in the Benefit/Cost Analysis. An example is also provided.

1. List possible improvement options in the first column.
2. identify all foreseeable costs and benefits associated with each action. Aspects of
costs and benefits can include, but are not limited to the following:
• Monetary
o investment requirements, operating costs, revenue streams,
accurate cost allocation
• Personnel
o training, knowledge, morale, employee retention, health and
safety, absenteeism
• Production
o re-tooling, efficiency, inventory, equipment, input costs
• Environmental
o toxic emissions, waste management costs, legal liability, fines
• Customers and investors
o new markets, information needs, corpo