Present value of benefits explained

Present value of benefits (PVB)^[1] is a term used in cost-benefit analysis and project appraisal that refers to the discounted sum, or present value, of a stream of benefits associated with a project or proposal.

Notes and References

1. Book: Lin, Grier C. I. . Nagalingam, Sev V. . CIM justification and optimisation . 2000 . Taylor & Francis . London . 0-7484-0858-4 . 36.