CMA (Cost Minimization Analysis) is a method which seeks to minimize the cost of the output, which has the form of standard. This method is used if we have set the desired output standard.
CMA is one of the monocriterial evaluation methods of public expenditure. Inputs are monetary units, outputs are not measured. Input cost minimization is the evaluation criterion.
Use of the CMA in practice: The method is suitable for projects which do not measure outputs (output is comparable for all variants) and we only try to minimize the costs of their implementation.
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