cost analysis

  

Definition

The accumulation, examination, and manipulation of cost data for comparisons and projections.

Use cost analysis in a sentence

  • The CEO was nervous about signing off on the big project as it was such a large investment but a detailed cost analysis convinced him it was worth the money and risk.

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  • We had to sit down together and configure a cost analysis, so we would be ready for the next year in our business.

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  • You should always try and break down all the cost analysis for a project so that you know if it is worth it.

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