cost-benefit analysis

noun cost-benefit analyses · cost benefit analysis

1. countable, uncountable A methodology to help appraise or assess the case for a project or proposal, by estimating the net cost or benefit of the project of proposal. Gratifying as it is to read such editorials even in the press which supports Mr. Marples' party—and to learn that the G.N. Line's London suburban electrification is at last being given a cost-benefit analysis of the kind which overwhelmingly justified the L.T. Victoria Line […] but years later than
2. countable, uncountable Any comparison of costs and benefits.