The best replacement for cost benefit analysis is cost effectiveness analysis.

The best alternatives to cost benefit analysis are rated as following:
★★★★★  cost effectiveness analysis
★★★  accuracy of records
★★★  cost effectiveness
★★  cost effective analysis
★  marginal analysis
★  economic impact analysis
★  return on investment
  net present value
  cost benefit analysis
  benefit cost analysis
  multi criteria analysis

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cost benefit analysis
cost effectiveness analysis
accuracy of records