What Is the Benefit Cost Ratio (BCR)? Definition, Formula, Example.
The Benefit Cost Ratio (BCR), also referred to as Benefit-to-Cost Ratio is an indicator that is typically used within a cost benefit analysis. In project management, the benefit cost ratio can support the cost-benefit analysis of a business case. The PMI Project Management Body of Knowledge lists the BCR under project success measures, next to … Continue reading What Is the Benefit Cost Ratio (BCR)? Definition, Formula, Example.
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