Sunday, August 11, 2019
Cost and benefits analysis Assignment Example | Topics and Well Written Essays - 500 words
Cost and benefits analysis - Assignment Example Solving this problem, therefore, calls for massive water infrastructural development particularly in the rural areas in order to increase access to safe and clean water that will be fundamental in improving the quality of life among the Afghans. Bases on the above cost-benefit analysis, there is no doubt that the projects would be beneficial as they have multiple social benefits. However, given the limited resources and the fact that these projects are mutually exclusive, hence they these projects cannot be simultaneously undertaken. Therefore, acceptance of one project means forgoing the other two projects. For this reason, the investment project that maximizes on the social and economic benefits is selected, but taking into account the cost incurred in implementing the project. From the cost-benefit table (above), although costly compared to the other two, Building Sustainable Water Supply and Sanitation would more beneficial to the society. Unlike the other projects, the construction of Sustainable Water Supply and Sanitation in Afghanistan would increase access to quality and safe water, thereby preventing the occurrence of waterborne diseases. This investment project would directly benefit over 90 percent of the popula tion. Besides, the construction of Sustainable Water Supply and Sanitation in Afghanistan will reduce the need for medical care and also reduce to a significant decline in child mortality rate. Therefore, implementing this project would reduce the need for the other two proposed
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