# Cost-Benefit Analysis
> Largely come from [[google-project-management]].
- Resources
- [Cost-Benefit Analysis: A Quick Guide with Examples and Templates | ProjectManager](https://www.projectmanager.com/blog/cost-benefit-analysis-for-projects-a-step-by-step-guide)
- [Cost-Benefit Analysis in Project Management | PM Study Circle](https://pmstudycircle.com/cost-benefit-or-benefit-cost-analysis/)
- To determine the benefits:
- What value will this project create?
- How much money could this project save our organization?
- How much money will it bring in from existing customers?
- How much time will it save?
- How will it improve the customer experience?
- To determine the costs:
- How much time will people have to spend on this project?
- What are the one-time costs?
- Are there any ongoing costs?
- What about long-term costs?
- Intangible benefits include:
- **Customer satisfaction**. Will the project increase customer retention,
causing them to spend more on the company’s products or services?
- **Employee satisfaction**. Is the project likely to improve employee morale,
reducing turnover?
- **Employee productivity**. Will the project reduce employee’s overtime
hours, saving the company money?
- **Brand perception**. Is the project likely to improve the company’s brand
perception and recognition, attracting more customers or providing a
competitive advantage?
- Calculate the [[roi|ROI]]