kostnadsnyttoförhållande

Kostnadsnyttokalkyl, often abbreviated as KNK, is a Swedish term referring to cost-benefit analysis. It is a systematic process used to evaluate the desirability of a project, decision, or policy by comparing the total expected costs against the total expected benefits. The primary goal of a KNK is to determine whether the potential gains from an undertaking outweigh its associated expenses.

The methodology involves identifying, quantifying, and comparing all relevant costs and benefits. Costs can include direct financial outlays, labor, materials, time, and any potential negative externalities or opportunity costs. Benefits encompass direct financial returns, increased efficiency, improved quality of life, environmental improvements, and other positive outcomes. These costs and benefits are often expressed in monetary terms to facilitate direct comparison, although non-monetary factors are also considered and may be valued subjectively.

A KNK is typically performed to aid decision-making, providing a quantitative basis for choosing between different alternatives or for deciding whether to proceed with a particular course of action. It helps to ensure that resources are allocated efficiently and effectively, prioritizing those initiatives that yield the greatest net benefit. The results of a KNK can inform investment decisions, policy development, and project planning across various sectors, including business, government, and public administration. It is a widely recognized tool for rational decision-making, aiming to maximize societal or organizational welfare.