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Benefit Cost Analysis


This reference explains how to start to collect, measure, and analyze, basic benefit and cost data (1*). DevTreks believes that every production process, business practice, and technology, from growing corn in the field to replacing a hip in the hospital, has a story to tell and lessons to teach. Those lessons can only be learned when cost and benefit data about production, business practice, and technology is collected, measured, aggregated, analyzed, and saved in online knowledge banks. A full, uniform, and accurate accounting of the costs, benefits, and outcomes for every dollar spent on crops, livestock, malnutrition improvements, medical treatments, conservation practices, and best or worse business practices, should be one or two links away for everyone. If a business owner, lender, nonprofit member, government official, or citizen, needs to make a decision involving costs, benefits, and performance, they should have ready access to the best data available. This reference introduces another DevTreks way to build these knowledge banks.

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