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Is Bolero economically justifiable for your organization? This is a key question that you have to address as a decision maker. Let me help you carry out a cost-benefit analysis, so that you can decide for yourself.

In this chapter, I will provide a framework that can be used to evaluate the economic feasibility of Bolero. Framework for Analyzing the Economic Feasibility Let us divide our economic analysis into two parts, an analysis of the revenue that can be earned from Bolero and an analysis of costs of implementing Bolero. We can then decide whether the benefits significantly outweigh the costs.

I shall specifically focus on the following questions:

  • Does the benefit substantially outweigh the costs?
  • What are the investment and implementation risks?
If you can answer these two questions, you have the answer to whether Bolero is for you or not.

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