CBA Loop App: A Practical Guide to Iterative Cost-Benefit Analysis
Learn how the CBA Loop App supports iterative decision-making by tracking costs, benefits, and assumptions in one place. Explore how to plan, test scenarios, and adjust actions based on real results.
Overview
The CBA Loop App is a conceptual software tool designed to support iterative cost-benefit analysis. It helps teams capture costs and benefits, test assumptions, and visualize tradeoffs as projects evolve.
What is a CBA loop?
A CBA loop is an ongoing cycle of planning, collecting data, evaluating outcomes, and adjusting actions to maximize value while managing risk.
Who is it for?
Cross-functional teams in product development, operations, policy, and procurement can use a CBA loop to align on value and tradeoffs.
Key features
Data capture and inputs
Users enter costs, benefits, timelines, risks, and assumptions.
Scenario planning
Create multiple what-if scenarios to compare options under different assumptions.
Visualization and dashboards
Charts and dashboards summarize net value, payback, and sensitivity to inputs.
Loop automation and reminders
Reminders prompt re-evaluation after milestones or when data changes.
Collaboration and commentary
Teams comment, assign owners, and track decisions.
How it works
Step-by-step workflow
- Define the objective and scope.
- Gather data from relevant sources.
- Run scenario analyses with transparent assumptions.
- Compare options using a shared value metric.
- Decide, implement, and monitor results.
- Re-enter the loop as new data arrives.
Data sources and integration
Connects with common data sources and exports results for reports.
Decision criteria
Clear criteria help teams choose options beyond just the numeric ROI.
Use cases
Product development
Assess features or experiments by value and cost over time.
Process improvement
Evaluate efficiency gains and implementation costs.
Public policy and procurement
Weigh costs and benefits of policy options or vendor selections.
Getting started
Quick-start guide
Sign up, create a new analysis, and add your first data points.
Best practices
Document assumptions, keep the loop simple, and re-check results periodically.
Common pitfalls
Overcomplicating models or ignoring external factors.
Share This Article
Spread the word on social media
Anne Kanana
Comments
No comments yet. Be the first to share your thoughts!