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👍 Ready made and ready to use.
Do you need to know if the benefit outweighs the cost of starting a business, a new product, or a new project? Well running a cost benefit analysis in Excel is one of the best ways to see whether it is worthwhile. We can also see the breakeven point - the point when the dollar benefits overtake the cost we've spent, all in a nice little chart. Check it out!
Timestamps:
00:00 Intro and how to use Cost Benefit analysis
01:16 Getting started
01:43 Setting the borders
03:25 Adding the totals
05:55 Calculating the cost to benefit ratio
07:20 Doing the breakeven analysis
08:53 Making the breakeven chart
11:25 Truncating the number in the Cost Benefit Ratio
12:10 Finished cost benefit ratio and breakeven chart
#Excel #ProjectManagement
See all the Project Template Excel and Powerpoint videos: https://www.youtube.com/playlist?list=PLEWFSKHjyrwydP0YBztsIdu47Csvp5KXf