TBL-CBA Trap #6: Assuming it is Difficult and Expensive

by | May 7, 2018 | Economics, Sustainability

Number 6 in our TBL-CBA traps series.

6.       Assuming it is Difficult and Expensive

With standardized inputs, methodology and outputs, cost-effective automation of TBL-CBA is possible. While there will be people who will feel better paying $50,000-250,000 for a bespoke TBL-CBA study, don’t let anyone talk you into a custom study until they have told you what they will be adding that hasn’t already been done once before.

Click here if you would like an infographic of the Top Ten TBL-CBA Traps.

Recaps:

Trap #1 – Re-inventing the wheel

Trap #2 – Forgetting Certain Stakeholders

Trap #3 – Double Counting

Trap #4 – Letting the Loudest Voice Win

Trap #5 – Asking “Are We Doing the Right Project?” but Forgetting “Are We Doing the Project Right?”

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