Cost Benefit Analysis
nounverified·updated May 9, 2026
A cost benefit analysis compares the cost of implementing countermeasures with the value of the reduced risk.
Framework senses
- §1
- A cost benefit analysis compares the cost of implementing countermeasures with the value of the reduced risk.
- §1
- an analysis of the cost effectiveness of different alternatives in order to see whether the benefits outweigh the costs