What is the greatest difficulty with cost-benefit analysis of a public project
A)determining whether government revenue is sufficient to cover the cost of the project
B)determining whom to award the project contract
C)determining the cost of the project
D)determining the value or benefit of the project

Question

Quizplus · Accepted Answer

Determining the value or benefit of a public project is the greatest difficulty with cost-benefit analysis. It is often difficult to quantify and measure the benefits of a project, especially when it comes to intangible benefits such as improved quality of life or environmental impacts. It is also difficult to estimate the future costs and benefits, as well as any externalities that may affect the analysis.

What Is the Greatest Difficulty with Cost-Benefit Analysis of a Public