Why may cost benefit analysis (CBA) be applied when developing a Value Improving
Proposal (VIP)?

A.
It compares the initial magnitude of cost of an MoV Study with the long term benefits it will
deliver

B.
All new policies, programmes and projects should be subject to comprehensive but
proportionate assessment

C.
It is used in conjunction with discounted cash flow to ensure that the lowest cost VIP is
always selected

D.
It assesses the benefits of implementing a proposal against the risk that the VIP may fail