Question: In this assessment, you will conduct a risk and mitigation analysis and cost-benefit analysis and report on your findings.The senior management of your care setting has reviewed your Executive Brief: Proposal of a New Economic Opportunity and has decided that it has merit. As a result, you have been asked to take a more detailed look at the feasibility and cost-benefit considerations of implementing your proposed economic initiative over the next five years. The senior management is looking for a 3–5-page report that builds a business case for your economic initiative by analyzing ways to mitigate the risks associated with your original proposal and a completed cost-benefit analysis using the Cost-Benefit Analysis Template, linked in the Resources.

Answer: From a cost perspective, the investment cost is estimated at $750,000, which will cater to the construction and equipment costs…….