Question

Which of the following should not be included in estimating benefits?

		primary effects
		secondary effects
		tangible benefits
		intangible benefits
		all of the above should be included in benefit estimation

Answer 1

The correct answer is: e. all of the above should be included in benefit estimation.

Primary benefits accrue from physical effects of the project. Secondary effects are additional benefits which might result from economic linkages of the project.Tangible benefits are quantified to full extend and can reasonably be assigned a monetary value. Monetary values may also be assigned to intangible effects such as business reputation, market penetration, or long-term enterprise strategy alignment.