Problem:
A Facilities Superintendent in the Airport Terminal Building Maintenance Division is responsible for supervising personnel of multiple trades within the terminal building. The Superintendent was requested to determine the feasibility of performing a specific job within his area. There are several options that one can use to perform this task. To determine what option is the best course of action to take, he will be required to perform a Cost Analysis to determine the best method to use.
Can you please state specifically the six (6) steps in preparing a Cost Benefit Analysis?