Cost Benefit Analysis Paper

According to chapter 2 of the assigned text, Information Technology and the Criminal Justice System by April Pattavina, cost-benefit analysis is used by entities to determine whether the benefits of implementing or improving a system outweigh the costs associated with it. In making decisions regarding IT implementation in criminal justice systems, careful consideration of potential benefits to all involved must be weighed against the costs that will be incurred. IT implementation can be costly and care must be taken to evaluate existing systems, if any, personnel, and needs to see what is necessary or even possible. Furthermore, through the implementation and use process, monitoring is essential to ensure that the project remains in everyone’s best interest and to limit further spending on unnecessary or unsuitable components of an implementation or on the project
Cost–benefit analysis, sometimes referred to as benefit–cost analysis, according to Wikipedia, is a systematic approach to estimating the strengths and weaknesses of alternatives that satisfy transactions, activities or functional requirements for a