1a. Briefly describe when is a Cost Benefit Analysis (CBA) framework of inquiry an appropriate approach to address a question like, say "Is there an efficient mobile solution to provide a needed capability?" Briefly justify your answer.

Recall that a CBA highlights the tradeoffs (pros and cons) associated with a different way of providing that capability.

b. The typical steps for conducting a Cost Benefit Analysis (CBA) culminate in a dollar estimation of net benefits resulted from a change in the status quo and a recommendation (Y/N for that change).

Which is a question that any savvy reader of a CBA report needs to keep in mind? Mark all that apply and provide a brief explanation for your choice.

Do the authors have graduate degrees?

Are the assumptions made in the analysis clearly presented?

How robust is the net benefit (and the recommendation) to the assumptions made? Is the finding the result of cherry-picking values to include in the net benefit calculations?

How long is the CBA report?