Effective decision-making requires tools for evaluating choices. This module provides the basic tools for evaluating costs and benefits of decision-making through project financial and social-economic analysis. Almost every company and various governing bodies require a cost-benefit analysis to ensure that the right decisions are made with limited resources. Whether these decisions relate to investment projects or broader social policy, it is essential that these choices are evaluated to ensure an optimal outcome.
This module is designed to provide students with the analytical and critical thinking skills required to carry out a financial and social-economic project evaluation. By developing these skills, the student should be able to evaluate projects in the environment around us.