What is the another name of cost analysis?

What is the another name of cost analysis?

Cost–benefit analysis (CBA), sometimes also called benefit–cost analysis, is a systematic approach to estimating the strengths and weaknesses of alternatives.

What are 2 synonyms for analysis?

synonyms for analysis

  • inquiry.
  • investigation.
  • reasoning.
  • scrutiny.
  • search.
  • study.
  • test.
  • assay.

What is cost analysis in project management?

A project cost analysis is a process that professionals can use to determine the value of a project’s costs and benefits, which highlights if a project is feasible.

What is a synonym for analyst?

Synonyms & Near Synonyms for analyst. annotator, columnist, commentator, observer.

What is the best synonym for analytic?

synonyms for analytic

  • analytical.
  • investigative.
  • inquiring.
  • problem-solving.
  • rational.
  • sound.
  • systematic.

What is cost analysis in a business?

A cost analysis involves the process of reporting separate elements in a cost proposal, such as labor, equipment and materials that make up a product or service, as well as its proposed profit. It is used for cost-evaluation purposes when there is a lack of competition or comparable offers in the marketplace.

How do you describe an analysis?

Analysis means breaking something down into its various elements and then asking critical thinking questions such as WHY and HOW in order to reach some conclusions of your own.

How do you do cost analysis?

Follow these six steps to help you perform a successful cost-based analysis.

  1. Step 1: Understand the cost of maintaining the status quo.
  2. Step 2: Identify costs.
  3. Step 3: Identify benefits.
  4. Step 4: Assign a monetary value to the costs and benefits.
  5. Step 5: Create a timeline for expected costs and revenue.

What is another word for financial analyst?

What is another word for financial analyst?

equity analyst investment analyst
rating analyst research analyst
securities analyst stock analyst

What is another word for business analyst?

What is another word for business analyst?

economist economiser
economizer financial expert
miser

What is an adjective for analytical?

adjective. /ˌænlˈɪt̮ɪkl/ (also analytic) 1using a logical method of thinking about something in order to understand it, especially by looking at all the parts separately She has a clear analytical mind. an analytic approach to the problem.

What is opposite of analysis?

Opposite of the process of separating something into its constituent elements. synthesis. amalgamation. coalescence.

What is analyzing in accounting?

Key Takeaways. Account analysis is a process in which detailed line items in a financial transaction or statement are carefully examined for a given account, often by a trained auditor or accountant. In accounting, account analysis is quite complex and involves an in-depth understanding of both the data and the company …

  • October 15, 2022