Multiple choice six-sigma green-belt

What is Cost benefit Analysis used for?

  1. Justifies in financial terms why it is worth executing the Project

  2. Analysis of the project Ys

  3. Analysis of only project execution cost

  4. Exponentially Waivered Moving Average
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A Correct answer
Explanation

Cost Benefit Analysis justifies a project financially by comparing expected costs with anticipated benefits. It demonstrates the economic rationale and return on investment, proving the project is worth pursuing in monetary terms rather than just qualitative improvements.

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