Cost-Benefit Analysis in Educational Planning aims to compare the costs and benefits of different educational projects to determine which project offers the highest net benefit.

Sunk costs are costs that have already been incurred and cannot be recovered. They are not considered in Cost-Benefit Analysis because they are irrelevant to the decision-making process.

The Benefit-Cost Ratio (BCR) is the most commonly used method to calculate the benefits of an educational project. It is calculated by dividing the present value of the benefits by the present value of the costs.

The location of the project does not directly affect the cost-effectiveness of the project. However, it may affect the costs and benefits of the project, which can indirectly impact its cost-effectiveness.

All of the above options are challenges in conducting Cost-Benefit Analysis of Educational Projects. Measuring the benefits of education is difficult because many of the benefits are intangible and difficult to quantify. Estimating the costs of education is also challenging because there are many different types of costs to consider. Determining the appropriate discount rate is also a challenge because it can have a significant impact on the results of the analysis.

Cost-Benefit Analysis is not a tool for evaluating the effectiveness of educational projects. It is a tool for comparing the costs and benefits of different educational projects.

All of the above options are limitations of Cost-Benefit Analysis in Educational Planning. It is a complex and time-consuming process, and it is not always accurate. Additionally, it does not consider the distributional impacts of educational projects, which can be significant.

Environmental benefits are not typically considered in Cost-Benefit Analysis of Educational Projects because they are difficult to quantify and monetize.

Sensitivity analysis is used in Cost-Benefit Analysis of Educational Projects to assess the impact of changes in assumptions on the results of the analysis, to identify the most important factors that affect the cost-effectiveness of the project, and to determine the appropriate discount rate.

Calculating the Net Present Value (NPV) of the project is not a step in conducting Cost-Benefit Analysis of Educational Projects. The NPV is calculated as part of the Benefit-Cost Ratio (BCR) calculation.

Cost-Benefit Analysis focuses on comparing the costs and benefits of different educational projects, while Cost-Effectiveness Analysis focuses on comparing the costs and benefits of an educational project to a do-nothing scenario.

Sunk costs are costs that have already been incurred and cannot be recovered. They are not considered in Cost-Benefit Analysis because they are irrelevant to the decision-making process.

The Benefit-Cost Ratio (BCR) is the most commonly used method to calculate the benefits of an educational project. It is calculated by dividing the present value of the benefits by the present value of the costs.

The location of the project does not directly affect the cost-effectiveness of the project. However, it may affect the costs and benefits of the project, which can indirectly impact its cost-effectiveness.

All of the above options are challenges in conducting Cost-Benefit Analysis of Educational Projects. Measuring the benefits of education is difficult because many of the benefits are intangible and difficult to quantify. Estimating the costs of education is also challenging because there are many different types of costs to consider. Determining the appropriate discount rate is also a challenge because it can have a significant impact on the results of the analysis.