The data gathered from evaluating a problem and conducting a cost-benefit analysis provides the evidence that is needed in a business case to prove that there is a problem that needs to be solved. Evidence is another key piece of a business case. This assignment provides students with the opportunity to conduct their own problem evaluation and cost-benefit analysis.
- This assignment is a first draft of of Items #4 and #5 in your Course Project.
- This assignment draws from the textbook readings and lecture video learning materials.
- Develop a 2 page document with the headings “Evaluation of the Problem” and “Cost-benefit Analysis
- In the “Evaluation of the Problem” section, describe the current situation and detail 4 specific issues, your choice, as seen in the fictional scenario.
- In the “Cost-benefit Analysis” section, populate the Cost-Benefit Analysis form that details the costs of not having a construction safety program vs the benefits of having one. For the Cost-benefit analysis table, use the form linked here.
- Upload completed form to Canvas.
- Also for the Cost-benefit analysis table, use OSHA’s Safety Pays Estimator tool linked here to determine costs that you will enter on the form. Take a screenshot or generate a.pdf of your tool results and upload to Canvas as well.