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The cost-benefit analysis in the management of it projects

Author

Listed:
  • Doina Maria Tilea

    (Dimitrie Cantemir Christian University, Faculty of International Economic Relations, Bucharest, Romania)

Abstract

The cost-benefit analysis is a way of evaluating a project in terms of economic efficiency. It means comparing the total costs with the benefits expressed in financial terms, being a technical analysis which is vital for the optimal allocation of resources in order to maximize benefits. The effective use of this method involves identifying and measuring the positive and negative effects that an activity has registered, as well as the various resources used.

Suggested Citation

  • Doina Maria Tilea, 2011. "The cost-benefit analysis in the management of it projects," The Annals of Dimitrie Cantemir Christian University. Economy, Commerce and Tourism Series, Faculty of Management in Tourism and Commerce Bucharest, "Dimitrie Cantemir" Christian University, Bucharest, Romania, vol. 3(1), pages 63-69, June.
    • Handle: RePEc:dcc:adcect:v:3:y:2011:i:1:p:63-69
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    More about this item

    Keywords

    costs; benefits; risks;
    All these keywords.

    JEL classification:

    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

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