Conduct a Cost-Benefit Analysis in Google Sheets from Coursera

Actionable Business Intelligence gives us a glimpse at our strengths and weakness while highlighting options to maximize return on investment and the opportunity to course-correct when we can mitigate risk and preserve savings. Cost-Benefit Analysis or CBA is a tool that can quickly provide this type of Business Intelligence. In this course, you will gain experience building the cost-benefit model, learn how those components come together to produce actionable intelligence, and conduct a cost-benefit analysis. You will accomplish this in your hands-on project as we work side-by-side in the free-to-use software Google Sheets. By the end of this course, you will understand use cases for conducting cost-benefit analysis, how the intelligence can be used for decision-making, and you will be able to confidently conduct a cost-benefit analysis in any spreadsheet software. Note: This course works best for learners who are based in the North America region. Weâ€™re currently working on providing the same experience in other regions.

Good to know

Know what's good

, what to watch for

, and possible dealbreakers

Provides valuable insights for improving return on investment and minimizing potential risks

Teaches the practical Cost-Benefit Analysis method for informed decision-making

Builds foundational skills in developing and analyzing cost-benefit models

Offers hands-on experience through practical projects in Google Sheets

Requires familiarity with spreadsheet software, such as Microsoft Excel or Google Sheets

May be most beneficial for individuals with some prior knowledge in business or finance

Reviews summary

Google sheets for cost-benefit analysis

This course teaches learners actionable business intelligence through building a Cost-Benefit Analysis model in Google Sheets. This course is well-received by reviewers, particularly for its hands-on approach to learning in a relevant software. The instructor could provide clearer explanations of formulas used. Overall, learners found this to be a useful course for their education.

The course focuses on teaching actionable business intelligence, which reviewers found valuable.

"Actionable Business Intelligence gives us a glimpse at our strengths and weakness while highlighting options to maximize return on investment..."

Students appreciated the practical, hands-on experience building a model in Google Sheets.

"In this course, you will gain experience building the cost-benefit model..."

Some reviewers noted that the instructor could provide clearer explanations of formulas used.

"the instructor could have been more clear in explaining the formulas used"

Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in Conduct a Cost-Benefit Analysis in Google Sheets with these activities:

Brush up on spreadsheet modeling skills

Show steps

Ensure your proficiency in using spreadsheet software to build and analyze cost-benefit models effectively.

Browse courses on Spreadsheet Modeling

Show steps

Review the basics of spreadsheet functions and formulas.
Create a practice spreadsheet to simulate the construction of a cost-benefit model.

Organize and review course materials regularly

Show steps

Enhance your retention and understanding by organizing and reviewing course materials throughout the learning process.

Browse courses on Note-Taking

Show steps

Establish a system for organizing your notes, assignments, and other course materials.
Set aside regular time slots for reviewing and summarizing key concepts from the materials.

Review key concepts in cost-benefit analysis

Show steps

Review the foundational principles of cost-benefit analysis to strengthen your understanding of the course content.

View Economic Analysis of Law (Aspen Casebooks) on Amazon

Show steps

Identify the key concepts of cost-benefit analysis, such as opportunity cost, time value of money, and risk assessment.
Summarize the key findings and insights from the book in your own words.

Four other activities

Expand to see all activities and additional details

Show all seven activities

Complete online tutorials on cost-benefit analysis

Show steps

Supplement your learning by exploring interactive tutorials that provide practical guidance on conducting cost-benefit analyses.

Browse courses on Cost-Benefit Analysis

Show steps

Identify reputable online platforms offering tutorials on cost-benefit analysis, such as Coursera or Udemy.
Select a tutorial that aligns with your learning style and time constraints.
Follow the tutorial steps, complete exercises, and test your understanding through quizzes or assignments.

Participate in a peer discussion on cost-benefit analysis applications

Show steps

Engage with fellow learners to exchange ideas, insights, and experiences in applying cost-benefit analysis.

Browse courses on Cost-Benefit Analysis

Show steps

Join or create a peer discussion group or forum.
Post a discussion topic related to the applications of cost-benefit analysis in different industries or scenarios.
Actively participate in the discussion, sharing your own perspectives and responding to others.

Conduct practice cost-benefit analyses

Show steps

Enhance your analytical skills by applying cost-benefit analysis techniques to real-world scenarios.

Browse courses on Cost-Benefit Analysis

Show steps

Identify a business decision or investment opportunity that you are interested in analyzing.
Gather relevant data and information to estimate the costs and benefits associated with the decision.
Construct a cost-benefit model using Google Sheets or another spreadsheet software.
Analyze the results of your cost-benefit analysis to make an informed decision.

Create a visual representation of a cost-benefit analysis

Show steps

Reinforce your understanding by translating the results of a cost-benefit analysis into a visually appealing format.

Browse courses on Data Visualization

Show steps

Choose a cost-benefit analysis that you have conducted or studied.
Select a visualization tool, such as Tableau or Google Data Studio.
Design a visual representation that clearly communicates the key findings and insights of the cost-benefit analysis.

Career center

Learners who complete Conduct a Cost-Benefit Analysis in Google Sheets will develop knowledge and skills that may be useful to these careers:

Financial Analyst

Financial Analysts create financial models to forecast costs and make informed decisions. They assemble and analyze data to write reports that predict future financial performance. As a Financial Analyst, the skills you will learn in this course on conducting a Cost-Benefit Analysis in Google Sheets will be immediately useful. You will be able to create more accurate and reliable financial models since you will better understand how to calculate and interpret costs and benefits.

See salaries and explore the career path for Financial Analyst

Market Research Analyst

Market Research Analysts study consumer behavior and provide insights for businesses. A Cost-Benefit Analysis is a core skill for Market Research Analysts because they need to evaluate the effectiveness of marketing campaigns and other research initiatives. By being able to conduct a CBA, you will be able to objectively assess the value of your work and provide more impactful recommendations.

See salaries and explore the career path for Market Research Analyst

Data Analyst

Data Analysts collect, clean, and analyze data to identify trends and patterns. They are in high demand because many companies are now data-driven. This course on Cost-Benefit Analysis is very relevant to this role because it will help you make more informed decisions about which data to collect and analyze, and how to interpret your findings.

See salaries and explore the career path for Data Analyst

Project Manager

Project Managers plan and execute projects, and they need to be able to assess the costs and benefits of projects in order to make informed decisions. This course on Cost-Benefit Analysis will teach you the skills you need to conduct a CBA, which will help you to be a more effective Project Manager.

See salaries and explore the career path for Project Manager

Business Analyst

Business Analysts analyze business processes to identify opportunities for improvement. They need strong problem-solving skills, and they need to be able to see the big picture. This course on Cost-Benefit Analysis will help you to develop these skills and will give you the confidence to make sound decisions about how to improve your business.

See salaries and explore the career path for Business Analyst

Management Consultant

Management Consultants help businesses to improve their performance by identifying problems and developing solutions. They need to be able to think strategically and creatively, and they need to have strong analytical skills. This course on Cost-Benefit Analysis will help you to develop the skills you need to be a successful Management Consultant.

See salaries and explore the career path for Management Consultant

Investment Banker

Investment Bankers advise companies on raising capital and making financial decisions. They need to be able to analyze complex financial data and make recommendations. This course on Cost-Benefit Analysis will help you to develop the skills you need to be a successful Investment Banker.

See salaries and explore the career path for Investment Banker

Financial Advisor

Financial Advisors help individuals and families plan for their financial future. They need to be able to understand their clients' financial goals and make appropriate recommendations. This course on Cost-Benefit Analysis will help you to develop the skills you need to be a successful Financial Advisor.

See salaries and explore the career path for Financial Advisor

Actuary

Actuaries use mathematics and statistics to assess risk. They work in a variety of industries, including insurance, finance, and healthcare. This course on Cost-Benefit Analysis will help you to develop the skills you need to be a successful Actuary.

See salaries and explore the career path for Actuary

Statistician

Statisticians collect, analyze, and interpret data. They work in a variety of industries, including government, healthcare, and market research. This course on Cost-Benefit Analysis will help you to develop the skills you need to be a successful Statistician.

See salaries and explore the career path for Statistician

Operations Research Analyst

Operations Research Analysts use mathematical and analytical techniques to solve business problems. They work in a variety of industries, including manufacturing, transportation, and logistics. This course on Cost-Benefit Analysis will help you to develop the skills you need to be a successful Operations Research Analyst.

See salaries and explore the career path for Operations Research Analyst

Data Scientist

Data Scientists use data to solve business problems. They work in a variety of industries, including technology, finance, and healthcare. This course on Cost-Benefit Analysis will help you to develop the skills you need to be a successful Data Scientist.

See salaries and explore the career path for Data Scientist

Software Engineer

Software Engineers design, develop, and maintain software systems. They work in a variety of industries, including technology, finance, and healthcare. This course on Cost-Benefit Analysis may be useful to you if you are interested in working on software projects that have a financial impact.

See salaries and explore the career path for Software Engineer

Product Manager

Product Managers are responsible for the development and launch of new products. They work in a variety of industries, including technology, consumer products, and healthcare. This course on Cost-Benefit Analysis may be useful to you if you are interested in working on products that have a financial impact.

See salaries and explore the career path for Product Manager

Marketing Manager

Marketing Managers are responsible for developing and executing marketing campaigns. They work in a variety of industries, including technology, consumer products, and healthcare. This course on Cost-Benefit Analysis may be useful to you if you are interested in working on marketing campaigns that have a financial impact.

See salaries and explore the career path for Marketing Manager

Conduct a Cost-Benefit Analysis in Google Sheets

Good to know

Save this course

Reviews summary

Google sheets for cost-benefit analysis

Activities

Career center

Reading list

Share

Similar courses