Which is NOT a consideration in a cost benefit analysis?

A cost-benefit analysis is a systematic approach used to evaluate the strengths and weaknesses of alternatives in order to determine the best option in terms of costs and benefits. It typically includes various quantitative and qualitative factors that influence decision-making.

The costs associated with control measures, such as implementation and maintenance expenses, are crucial to this analysis, as knowing the financial implications helps assess the viability of different safety or health measures. Similarly, the benefits of a control measure represent the positive impacts, such as reduced incidents or improved safety outcomes, which are essential for weighing against costs.

The benefit of non-implementation refers to the potential gains or savings from not adopting a control measure. It requires valid consideration, as this could affect the overall risk management approach by pointing out what may be gained if a certain safety investment is not made.

In contrast, the cost of personal opinion does not provide concrete, measurable data that is relevant to a cost-benefit analysis. Personal opinions can vary significantly among individuals and do not reflect actual costs or benefits incurred in implementing safety measures. Thus, this aspect is not a valid consideration in a structured cost-benefit analysis.