
Cost Analysis Templates
What is a 'Cost-Benefit Analysis'?
Cost analysis refers to the act of breaking down a cost summary so that you can study and report on each factor of its constituents.
It also refers to comparing costs in order to disclose and report on things that could be improved within a company.
Business Decisions are analyzed using a cost-benefit analysis process. Usually, a summary is given of how beneficial a situation or business-related action is, to which then the costs related to that action are subtracted. Some analysts also build a cost-benefit analysis model to put a monetary figure on intangible items, such as the costs and benefits linked to living in a particular town, and many analysts will also tie in opportunity cost into these equations.
Before starting a new project, wise managers will carry out a cost-benefit analysis in order to evaluate all of the potential revenues and costs that may be incurred if the project is finished. The result of the analysis will tell the manager whether or not the project makes financial sense for the business.
The Cost-Benefit Analysis Process
The process entails, firstly, compiling a list of all of the benefits and the costs that are associated with a decision or project. These costs should include indirect costs, opportunity costs, intangible costs, and the cost of potential risks as well as direct costs. The benefits should comprise all indirect and direct revenues as well as intangible benefits. Examples of intangible benefits are increased sales from customer goodwill, or increased production from better employee morale and safety. A monetary measurement unit that is common throughout should then be applied to each item on the list. The person in charge should take extra care not to overestimate the benefits or underestimate the costs. You could take a conservative approach by making a special effort not to use any subjunctive tendencies when working out estimates. This is most appropriate when assigning value to both benefits and costs for a cost-benefit analysis purpose.
The last step is to compare the aggregate costs and benefits results using a quantitative method to work out if the benefits outweigh the costs. If they do, then it makes sense to undertake the project. If not, you should carry out a review of the project to see whether you can make any adjustments to either decrease costs or increase benefits so that the project will be viable. If not, it is advised to abandon the project.
Limitation of Cost-Benefit Analysis
For smaller projects that only involve small-medium level capital expenditures and take a small amount of time to complete, a cost-benefit analysis done in depth should be sufficient to make a well-informed decision on whether or not to carry the project forward. For bigger projects that have a large time scale, a cost benefit analysis usually fails in including substantial financial concerns like interest rates and the current value of money. For these situations, alternative capital budgeting analysis methods may be more appropriate.
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Most popular Templates
- A full Break-even analysis Excel Model to analyse when your product/service reaches profitability.3,153Discussadd_shopping_cart$49.00
by Big4WallStreet
Generic Cost Benefit Analysis Excel Model Template
Model projecting expected costs & benefits to analyze the financial viability of a proposed project or investment5,5334add_shopping_cart$35.00by Projectify
Advanced Prepaid Expenditure Model For Advanced Accounting and Reporting
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Full Cost Analysis Template (kg/lb) Excel Model Template
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Operational Costing - Cost + Pricing Strategy - Bus Travel Agency
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Optimal Purchase Volume Excel Calculator
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Cost Containment Savings Calculator
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Smart Strategies to Reduce Cost of Goods Sold
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Inventory and COGS Excel Spreadsheet
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priced Templates
Break Even Analysis / Cost Volume Profit Analysis Excel Model
A full Break-even analysis Excel Model to analyse when your product/service reaches profitability.3,153Discussadd_shopping_cart$49.00by Big4WallStreet
Dashboard for Job Costing / Performance Tracking
Easily view two charts that will show hours worked / value of hours over a 12-month period.341Discussadd_shopping_cart$40.00by Jason Varner
Generic Cost Benefit Analysis Excel Model Template
Model projecting expected costs & benefits to analyze the financial viability of a proposed project or investment5,5334add_shopping_cart$35.00by Projectify
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Depreciation/Amortisation Excel Calculator
Tool to calculate Depreciation/amortisation using straight-line method on asset by asset basis including projections.7522add_shopping_cart$7.00by Projectify
Incurred Expense, Accrual and Prepayment Excel Calculator
Excel tool to calculate incurred expenses under accruals principle and prepayment, accural and payable balances2,452Discussadd_shopping_cart$7.00by Projectify
Enhanced Cost Benefit Analysis Model with Scenario Analysis
Generic model to analyze the financial viability of a project/investment across monthly 5 year timeline and 3 scenarios629Discussadd_shopping_cart$39.00by Projectify
Full Cost Analysis Template (kg/lb) Excel Model Template
Use this cost analysis template to price your products right1,1202add_shopping_cartOperational Costing - Cost + Pricing Strategy - Bus Travel Agency
Cost + Pricing tool for a Bus/Car Plying Agency, with single journey / return journey trips, with multiple routes.1,724Discussadd_shopping_cart$10.00by Mohnish Amarnani
Optimal Purchase Volume Excel Calculator
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Project control management Microsoft Excel Model Template.232Discussadd_shopping_cart$100.00by Rami Abbas
Cost Containment Savings Calculator
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Smart Strategies to Reduce Cost of Goods Sold
Our Cost-Saving Guide will provide you with smart techniques to identify Cost Savings and increase your profit!44Discussadd_shopping_cart$10.00by Analytical Framework
Opportunity Cost Excel Calculator - CFO.U - Teen
This tool will help determine the Opportunity Cost of any discretionary spending.83Discussadd_shopping_cart$20.00by CFO.University
Cost of Employee Turnover Excel Calculator
This tool is designed to calculate the financial cost of employee turnover at your business.175Discussadd_shopping_cart$20.00by CFO.University
Should Cost/Cost Break Down method Template
Should Cost Analysis Automatic Template in Microsoft Excel.221Discussadd_shopping_cart$15.00by Ravi Nidagundi
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Cost Benefit analysis of Capex/Investment using NPV in Excel
Cost-Benefit analysis of Capex/Investment using NPV in Excel.24Discussadd_shopping_cart$15.00by Asen Gyczew
Generic Cost Benefit Analysis Excel Model Template
Model projecting expected costs & benefits to analyze the financial viability of a proposed project or investment5,5334add_shopping_cart$35.00by Projectify
Should Cost/Cost Break Down method Template
Should Cost Analysis Automatic Template in Microsoft Excel.221Discussadd_shopping_cart$15.00by Ravi Nidagundi
Smart Strategies to Reduce Cost of Goods Sold
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CAPEX Distribution Model 1
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Cost Reduction for Management Consultants & Managers
Short summary of tactics used to reduce costs in management consulting96Discussadd_shopping_cartfreeby Asen Gyczew
Enhanced Cost Benefit Analysis Model with Scenario Analysis
Generic model to analyze the financial viability of a project/investment across monthly 5 year timeline and 3 scenarios629Discussadd_shopping_cart$39.00by Projectify
Dashboard for Job Costing / Performance Tracking
Easily view two charts that will show hours worked / value of hours over a 12-month period.341Discussadd_shopping_cart$40.00by Jason Varner
Property Plant And Equipment (PPE) Schedule - Excel Model Template
This is a PP&E schedule template to help your business keep up with balances and depreciation costs.1,1991add_shopping_cartfreeby Wall Street Oasis
Cost Containment Savings Calculator
The Cost Containment Savings Calculator makes it easy to quantify savings and lets you save smartly!114Discussadd_shopping_cart$14.95by Steve Lindsey
Advanced Prepaid Expenditure Model For Advanced Accounting and Reporting
Professional Prepaid Expenditure Model with Dynamic Dashboards using Excel Formulas, Power Query and Pivot Tables1,6251add_shopping_cart$15.00by ExActProBi
Opportunity Cost Excel Calculator - CFO.U - Teen
This tool will help determine the Opportunity Cost of any discretionary spending.83Discussadd_shopping_cart$20.00by CFO.University
Cost of Employee Turnover Excel Calculator
This tool is designed to calculate the financial cost of employee turnover at your business.175Discussadd_shopping_cart$20.00by CFO.University
Depreciation/Amortisation Excel Calculator
Tool to calculate Depreciation/amortisation using straight-line method on asset by asset basis including projections.7522add_shopping_cart$7.00by Projectify
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Excel tool to calculate incurred expenses under accruals principle and prepayment, accural and payable balances2,452Discussadd_shopping_cart$7.00by Projectify
Full catalog
Break Even Analysis / Cost Volume Profit Analysis Excel Model
A full Break-even analysis Excel Model to analyse when your product/service reaches profitability.3,153Discussadd_shopping_cart$49.00by Big4WallStreet
Dashboard for Job Costing / Performance Tracking
Easily view two charts that will show hours worked / value of hours over a 12-month period.341Discussadd_shopping_cart$40.00by Jason Varner
Costing Spreadsheet - Calculate Profit per Product or Service
A video on how to create a costing spreadsheet for a product or a service.3,389DiscussHow to Prepare a Cost of Goods Manufactured Statement
Video on how to prepare a statement for cost of goods manufactured.490Discussfreeby David Burrell
Generic Cost Benefit Analysis Excel Model Template
Model projecting expected costs & benefits to analyze the financial viability of a proposed project or investment5,5334add_shopping_cart$35.00by Projectify
Advanced Prepaid Expenditure Model For Advanced Accounting and Reporting
Professional Prepaid Expenditure Model with Dynamic Dashboards using Excel Formulas, Power Query and Pivot Tables1,6251add_shopping_cart$15.00by ExActProBi
Cost Benefit Excel Template
Cost-Benefit Template in Excel to work out your various costs, savings, and revenues.4,759Discussadd_shopping_cartInventory and COGS Excel Spreadsheet
Created for the purpose of tracking your Amazon Inventory purchases and Cost of Goods Sold.10,463Discussadd_shopping_cartCAPEX Distribution Model 1
It distributes Total Project Cost per Project as per Project Duration by comparing to the project starting date, identif314Discussadd_shopping_cartCost of Goods Manufactured Excel Model Template
Excel model for scheduling the cost of good manufactured for your business6,867Discussadd_shopping_cartfreeby CFI
Depreciation/Amortisation Excel Calculator
Tool to calculate Depreciation/amortisation using straight-line method on asset by asset basis including projections.7522add_shopping_cart$7.00by Projectify
Incurred Expense, Accrual and Prepayment Excel Calculator
Excel tool to calculate incurred expenses under accruals principle and prepayment, accural and payable balances2,452Discussadd_shopping_cart$7.00by Projectify
Variance Analysis Excel Model Template
This is a Variance Analysis Excel Model Template, brought to you by CFI.2,916Discussadd_shopping_cartfreeby CFI
Property Plant And Equipment (PPE) Schedule - Excel Model Template
This is a PP&E schedule template to help your business keep up with balances and depreciation costs.1,1991add_shopping_cartfreeby Wall Street Oasis
Labour Cost Calculation Excel Template
Sample Labour Cost Calculator in Excel. Created for catering but can be adapted for use.13,031Discussadd_shopping_cartfreeby Fáilte Ireland
Enhanced Cost Benefit Analysis Model with Scenario Analysis
Generic model to analyze the financial viability of a project/investment across monthly 5 year timeline and 3 scenarios629Discussadd_shopping_cart$39.00by Projectify
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Accounting
Amortization & Depreciation Schedule
Manufacturing
Break-Even Analysis
Automotive Business
Logistics & Supply Chain Management
Variance Analysis
Discounted Cash Flow (DCF)
Corporate Finance
Capital Budgeting
Human Resources
Performance Reviews & Appraisals
Management Consulting
Net Present Value (NPV)
Industry Specific Financial Models
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