Government leaders have decided to build a new school for the local school district. For which projects would a government leader most likely use a cost-benefit analysis? Check all that apply.

The exterior color of the building.

The type of technology used within the school.

The equipment needed in the cafeteria to provide healthy or unhealthy lunches. The installation of a fountain at the front of the building.

The equipment needed for art facilities within the school.

Answer

In the following projects, a government leader can use a cost-benefit analysis;

• The type of technology used within the school

• The equipment needed for art facilities within the school

Explanation

Cost Benefit analysis in project management is a tool used to evaluate the costs versus the benefits in a project proposal. The purposes of a CBA is to determine whether the project is sound, justifiable and feasible through determining if its benefits outweigh costs. In addition to that, it offers a baseline for comparing projects through determining which project's benefits are higher than the costs. In determining which project requires a CBA or not, a person checks;

• The goals of the project

• The alternative

• The stakeholders

• The outcome of costs and benefits

b and e