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Benefits: Overstating the benefits?

Research output: Contribution in Book/Report/Proceedings - With ISBN/ISSNChapter

Published
Publication date1/01/2016
Host publicationAdvances in Project Management: Narrated Journeys in Uncharted Territory
EditorsDarren Dalcher
PublisherTaylor and Francis
Number of pages10
ISBN (electronic)9781315565729
ISBN (print)9781472429124
<mark>Original language</mark>English

Abstract

Benefits have long been associated with the deployment of technology and the use of decision making. Traditional decision-making approaches are often focused on the measurement and consideration of the costs and the benefits connected with an undertaking and cost/benefit analysis has evolved as a process for evaluating the desirability of an option, technology or policy. Such calculations are based on the assignment of monetary values to the positive and negative aspects of a decision, or option, enabling a direct comparison.