The cost benefit analysis is the first step in seeking initial approval from senior management for an HRIS project. One must understand why the analysis is being conducted and accepting the expectations of what is going to be done once the results are in and how this will influence the judgments made by both the CBA and the entire HRIS project team during the analysis and increase the value of the results produced.

Question 1  Discuss the guidelines to be followed when conducting a Cost-Benefit Analysis (CBA).

Question 2  Discuss the common misconceptions of Cost-Benefit Analysis (CBA).

Question 3   What are the three basic pieces of information that the Cost-Benefit Analysis (CBA) is based on?

Answer rating: 100% (QA)

1 Guidelines for Conducting a CostBenefit Analysis CBA When conducting a CostBenefit Analysis CBA several guidelines should be followed to ensure the analysis is accurate and meaningful 1 Define Clear ... View the full answer