Home > Term: cost-effectiveness analysis
cost-effectiveness analysis
A form of not-for-profit analysis, derived from benefit-cost analysis, which seeks to maximize effectiveness for a minimum cost. Fixed-cost analysis seeks to maximize the effectiveness that can be attained from a fixed, maximum investment. Fixed-effectiveness analysis seeks to minimize the investment needed to attain a fixed, minimum degree of effectiveness.
- Part of Speech: noun
- Industry/Domain: Computer; Software
- Category: Software engineering
- Organization: IEEE Computer Society
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