A cost analysis involves the process of reporting separate elements in a cost proposal, such as labor, equipment and materials that make up a product or service, as well as its proposed profit. It is ...

Jennifer Simonson is a business journalist with a decade of experience covering entrepreneurship and small business. Drawing on her background as a founder of multiple startups, she writes for Forbes ...

Unlike for-profit organizations, which operate with the purpose of increasing owner value, nonprofit organizations focus their efforts on carrying out their particular missions. Some nonprofits ...

Demand for humanitarian assistance is growing and existing financial resources are inadequate to address all areas of need. As stewards of limited funds, we have a responsibility to make the most ...

What is a Cost Driver Analysis? an analysis of any expense that changes or affects the cost of an activity. In other words, cost driver analysis is the evaluation of activity-based costing. When you ...

A cost-benefit analysis is a systematic process that businesses use to analyze which decisions to make and which to forgo. The cost-benefit analyst sums the potential rewards expected from a situation ...

Cost-efficiency analysis estimates the ratio of program costs to outputs created, allowing you to compare cost-per-output for programs which all produced the same output. Such analysis is useful when ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

What Is Whole-Life Cost? Whole-life cost is the total expense of owning an asset over its entire life, from purchase to disposal, as determined by financial analysis. It is also known as the ...