PPBS is a way to improve the methods used in planning, programing, budgeting, and evaluating Federal programs. Careful analysis of proposed expenditures and investments are an explicit part of the PPB system. The process of examining various alternatives in order to assure efficient and effective allocation of resources is known as cost analysis.…

Under the present practices, the objectives and activities of socially oriented projects have rarely been specified with enough clarity and concreteness. Alternatives have been insufficiently presented for consideration by top management. In a number of cases, the future costs of present decisions have not been laid out systematically enough and…