did I answer this question correctly? Capital Budget Processes in Criminal Justice 5. Explain the cost-benefit analysis process that should be followed when determining whether to fund a capital improvement or expenditure. The cost-benefit analysis process in determining whether to fund a capital improvement or expenditure involves several steps which includes. Identify the Costs: This includes all the expenses associated with the project, such as initial investment, maintenance costs, and any other related expenses. Identify the Benefits: Potential gains from the project, such as increased efficiency, reduced crime rates, or other benefits that align with the goals of the criminal justice system. Compare Costs and Benefits: Once all costs and benefits have been identified, they should be compared. If the benefits outweigh the costs, it may be a good idea to proceed with the project. Perform a Sensitivity Analysis: This involves changing the variables to see how they affect the outcome. This helps us to understand the risks involved and to make a more informed decision