However , it can provide large savings to taxpayers because it will do a better job of selecting those projects which maximise benefits while minimising costs .
LCPM itself is generally more costly than cost -- benefit analysis , because of the requirement to study objectively all potential alternatives .
LCPM can provide large savings to taxpayers because LCPM will do a better job of selecting those projects which maximise benefits while minimising costs .
LCPM itself is generally more costly than cost -- benefit analysis , because of the requirement to study objectively all potential alternatives .