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Present value of benefits (PVB) 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.
References
- Lin, Grier C. I.; Nagalingam, Sev V. (2000). CIM justification and optimisation. London: Taylor & Francis. p. 36. ISBN 0-7484-0858-4.
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