Identifying Risk and CBA’s
Answer both of the two questions below:
State the importance of identifying risks and categorizing them as high, medium or low probability. Explain why risks associated with the critical path of the project need special attention
A financial analysis affects management decisions. Cost-benefit analysis (CBA) is a rational choice framework for identifying the best or most profitable option a decision maker can undertake. Given this information how do we measure the net benefit of a project?