The BCA Basics: Project Benefits, Costs, and Why They Matter

(6 Min Read) In a nutshell, benefit-cost analyses (BCAs) measure the cost-effectiveness of proposed mitigation projects. The federal government uses the result of a BCA — a benefit-cost ratio (BCR) — to decide how cost-effective their funding assistance will be in a given project. From the perspective of many funding agencies, a project is cost-effective when the benefits outweigh the costs. 5 Examples …

The BCA Basics: Project Benefits, Costs, and Why They Matter
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