Design Strategy and Software I
Cost-benefit analysis is a systematic approach to evaluating the strengths and weaknesses of alternatives in order to determine the best option for decision-making. This method compares the expected costs of a project or decision to its anticipated benefits, helping to assess whether the benefits outweigh the costs and if a proposed solution is viable. It plays a crucial role in guiding design strategy by providing a structured framework for analyzing potential outcomes and facilitating informed problem-solving.
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