Prospective costs

Prospective costs are costs that may be incurred or changed if an action is taken. They can lead to unintended loss and positive or negative results for the stakeholders,^[1] and can be contrasted with sunk costs, which are costs that have already been incurred.

References

1. Eltinge, J. L. (2007). Evaluation of prospective benefits, costs and risks of standards for statistical programs. Section on Survey Research Methods.