Cost-effectiveness analysis
(Created page with "The [https://www.ciria.org/Memberships/The_SuDs_Manual_C753_Chapters.aspx SuDS Manual] published by CIRIA in 2015 defines cost-effectiveness analysis (CEA) as: ‘A form of econ...") |
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* SuDS manual. | * SuDS manual. | ||
* Sustainable urban drainage systems. | * Sustainable urban drainage systems. | ||
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* Benefit-cost ratio. | * Benefit-cost ratio. | ||
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Revision as of 11:30, 27 December 2019
The SuDS Manual published by CIRIA in 2015 defines cost-effectiveness analysis (CEA) as:
‘A form of economic analysis that compares the relative cost to benefit, sometimes described as the change in outcome for a unit of investment.’
Where the term ‘cost-effective’ refers to: ‘Something that is value for money. In economic terms, the benefits received and/or services delivered are worth at least what is paid for them.’
Related articles on Designing Buildings Wiki
- CIRIA.
- Contingency.
- Cost-benefit analysis in construction.
- SuDS manual.
- Sustainable urban drainage systems.
- Value.
- Value for money.
- Benefit-cost ratio.
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