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Basic Cost Benefit Analysis For Assessing Local Public Projects
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Book Synopsis Basic Cost Benefit Analysis for Assessing Local Public Projects, Second Edition by : Barry P. Keating
Download or read book Basic Cost Benefit Analysis for Assessing Local Public Projects, Second Edition written by Barry P. Keating and published by Business Expert Press. This book was released on 2017-05-24 with total page 131 pages. Available in PDF, EPUB and Kindle. Book excerpt: The cost benefit technique is so often referenced in government policy that a correct understanding is necessary for officials entrusted with public decisions. This book presents essential elements for understanding, interpreting, and conducting cost benefit analysis (CBA) in the context of local government. If you’re charged with preparing numerical analyses to assess the worthiness of a specific policy proposal, you’ll need this book to understand how costs and benefits are identified and analyzed in terms of economic efficiency and resource allocation. CBA is rooted in and has little or no value apart from the economic concepts of cost and resource efficiency. This book is designed to teach the correct use and interpretation of cost benefit analysis, while advising you of CBA’s limitations and pitfalls. Case studies, presented in the final chapters of this book, represent typical proposals confronted by local officials. The book also includes instructions for using computer spreadsheets to build basic cost benefit models and an appendix on the step-by-step process of discounting future costs and benefits.
Book Synopsis Basic Cost Benefit Analysis for Assessing Local Public Projects by : Barry P. Keating
Download or read book Basic Cost Benefit Analysis for Assessing Local Public Projects written by Barry P. Keating and published by . This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cost benefit analysis (CBA) is often expected or required for government projects. On the state and local level, the technique is useful for assessing the worthiness of a specific policy proposal. The accounting and analysis of large-scale technical projects require specialized training; in this manual, we offer a nontheoretical introduction to CBA, accessible to readers without an advanced statistical or economic background. The book is designed as a how-to primer in the basics of CBA for local officials who actually evaluate proposals or merely interpret reports using CBA. A Reference List is provided for further study. There is a critical need for officials and the general public to question assumptions, biases, and omissions in proposals submitted by those advocating for certain projects. Tax revenue is limited and government debt at some point becomes unsustainable. CBA is rooted in and has little or no value apart from the economic concepts of cost and resource efficiency, but our goal here is not to stress underlying economic theory. Rather, this manual is designed to explain the correct use and interpretation of CBA, pointing out CBA's limitations and pitfalls. Properly employed, CBA is simply a method for assessing a proposal prior to a collective-choice decision. The CBA process uncovers and measures the intensity of values that residents place on certain services. It attempts to measure net benefits to be derived from a specific proposal relative to an alternative project or the default option of doing nothing. Because standard statistical packages, spreadsheets, and graphical analyses are now generally available, CBA, as a tool, has become more accessible for small projects on a local level. Case studies, presented in the final chapters of this book, represent typical proposals confronted by local officials. Included are instructions for using computer spreadsheets to build basic cost benefit models and an Appendix on the step-by-step process for discounting future costs and benefits. Completing this book will allow a student or local government decision maker to understand and construct a simple CBA model. They will also be able to evaluate more extensive CBA models for accuracy and shortcomings.
Book Synopsis Basic Cost Benefit Analysis for Assessing Local Public Projects by : Barry P. Keating
Download or read book Basic Cost Benefit Analysis for Assessing Local Public Projects written by Barry P. Keating and published by Business Expert Press. This book was released on 2013-11-25 with total page 167 pages. Available in PDF, EPUB and Kindle. Book excerpt: CBA is an attempt to fully account for all costs associated with a new proposal along with a detailed calculation of specific private and public benefits. Properly employed, CBA is simply a method for assessing a proposal prior to a collective decision by calculating net benefits relative to an alternative project or the default option of doing nothing.
Book Synopsis Introduction to Cost–Benefit Analysis by : Ginés de Rus
Download or read book Introduction to Cost–Benefit Analysis written by Ginés de Rus and published by Edward Elgar Publishing. This book was released on 2021-03-26 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thoroughly updated second edition incorporates key ideas and discussions on issues such as wider economic impacts, the treatment of risk, and the importance of institutional arrangements in ensuring the correct use of technique. Ginés de Rus considers whether public decisions, such as investing in high-speed rail links, privatizing a public enterprise or protecting a natural area, may improve social welfare.
Book Synopsis An Analysis of Project Evaluation Methodologies in Local Government from a Cost-benefit Perspective by : Brian J. Barrie
Download or read book An Analysis of Project Evaluation Methodologies in Local Government from a Cost-benefit Perspective written by Brian J. Barrie and published by . This book was released on 1985 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Hydrology and the Management of Watersheds by : Kenneth N. Brooks
Download or read book Hydrology and the Management of Watersheds written by Kenneth N. Brooks and published by John Wiley & Sons. This book was released on 2012-10-01 with total page 562 pages. Available in PDF, EPUB and Kindle. Book excerpt: This new edition is a major revision of the popular introductory reference on hydrology and watershed management principles, methods, and applications. The book's content and scope have been improved and condensed, with updated chapters on the management of forest, woodland, rangeland, agricultural urban, and mixed land use watersheds. Case studies and examples throughout the book show practical ways to use web sites and the Internet to acquire data, update methods and models, and apply the latest technologies to issues of land and water use and climate variability and change.
Book Synopsis The Practice of Evaluation by : Ryan P. Kilmer
Download or read book The Practice of Evaluation written by Ryan P. Kilmer and published by SAGE Publications. This book was released on 2020-09-18 with total page 411 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Practice of Evaluation: Partnership Approaches for Community Change provides foundational content on evaluation concepts, approaches, and methods, with an emphasis on the use of evaluation and partnership approaches to effect change. Real examples in every chapter illustrate key ideas and concepts "in action" on topics such as organizational development, capacity building, program improvement, and advocacy. Editors Ryan P. Kilmer and James R. Cook, and the chapter authors, highlight pragmatic approaches to evaluation that balance the needs of stakeholders in an ethical way, to provide useful, usable, and actionable guidance for program improvement. Included with this title: The password-protected Instructor Resource Site (formally known as SAGE Edge) offers access to all text-specific resources, including a test bank and editable, chapter-specific PowerPoint® slides.
Book Synopsis Cost-Benefit Analysis for Development by : Asian Development Bank
Download or read book Cost-Benefit Analysis for Development written by Asian Development Bank and published by Asian Development Bank. This book was released on 2013-01-01 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Asian Development Bank (ADB) has been continuously undertaking measures to enhance the effectiveness of its operations. To improve projects both at the preparation and implementation stages, ADB issued the Guidelines for Economic Analysis of Projects in 1997 as a means to enhancing project quality at entry. The conduct of proper economic analysis helps ensure the efficient use of development funds and public resources and thereby increase aid effectiveness. This practical guide is a supplement to the Guidelines for the Economic Analysis of Projects. It provides an overview of recent methodological developments in cost-benefit analysis as well as suggested improvements in the economic analysis of projects in selected sectors through case studies. These case studies illustrate the application of suggested methodologies, taking into account sector-specific needs, as well as difficulties faced by practitioners in terms of data and time constraints during project processing. It also aims to contribute to ADB’s capacity building initiatives as this will be the main reference material for conduct of economic analysis.
Book Synopsis Infrastructure Development and Construction Management by : J. C. Edison
Download or read book Infrastructure Development and Construction Management written by J. C. Edison and published by Taylor & Francis. This book was released on 2020-10-12 with total page 319 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a comprehensive book on infrastructure development and construction management. It is written keeping in mind the curricula of construction management programmes in India and abroad. It covers infrastructure development, the construction industry in India, financial analysis of the real estate industry in India, economic analysis of projects, tendering and bidding, contracts and contract management, FIDIC conditions of contract, construction disputes and claims, arbitration, conciliation and dispute resolution, international construction project exports and identifying, analysing and managing construction project risk. Thus, this book covers most of the construction management activities that are carried out at different stages of a construction project. This is an essential book for students of construction management, construction professionals, academicians and researchers.
Book Synopsis Economic and Cost Analysis For Operations and Project Managers - 2nd Edition by : Mahmoud A. Al-Odeh
Download or read book Economic and Cost Analysis For Operations and Project Managers - 2nd Edition written by Mahmoud A. Al-Odeh and published by Rylanbooks. This book was released on 2020-08-14 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Economics and Cost Analysis for Operations and Project Managers - 3rd Edition by : Mahmoud Al-Odeh, Ph.D.
Download or read book Economics and Cost Analysis for Operations and Project Managers - 3rd Edition written by Mahmoud Al-Odeh, Ph.D. and published by Linus Learning. This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Universal Basic Income and the Threat to Democracy as We Know It by : Peter Nelson
Download or read book Universal Basic Income and the Threat to Democracy as We Know It written by Peter Nelson and published by Business Expert Press. This book was released on 2018-05-08 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: Some of the greatest minds of the century have predicted that computers or artificial intelligence will replace 80 percent, if not more, of the world’s workforce. The only uncertainty is the time frame, with the average prediction at about 30 years, although many believe it will be sooner. No matter the exact period, the impact on our planet will eventually be enormous because governments will still need to find a way to provide the unemployed with money on which to live and a Universal Basic Income (UBI), or something similar, is proposed to be paid to everyone without means test. That solution might appear well in theory, but the large numbers of unemployed will not want to be marginalized and will demand over time that the UBI be increased. Following human nature, under a democratic system as we know it, supposedly based on one person one vote, people will vote for whoever gives them more, and more, until the economic system breaks down, unable to afford the payments. The question is whether democracy will survive the challenge or whether we finish with a benign group of bureaucrats at the top who decide what is in the best interests of the majority and the rest of the global population simply accepts it.
Book Synopsis Economic Evaluation of Sustainable Development by : Vinod Thomas
Download or read book Economic Evaluation of Sustainable Development written by Vinod Thomas and published by Springer. This book was released on 2019-04-16 with total page 145 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is open access under a CC BY 4.0 license. This book presents methods to evaluate sustainable development using economic tools. The focus on sustainable development takes the reader beyond economic growth to encompass inclusion, environmental stewardship and good governance. Sustainable Development Goals (SDGs) provide a framework for outcomes. In illustrating the SDGs, the book employs three evaluation approaches: impact evaluation, cost-benefit analysis and objectives-based evaluation. The innovation lies in connecting evaluation tools with economics. Inclusion, environmental care and good governance, thought of as “wicked problems”, are given centre stage. The book uses case studies to show the application of evaluation tools. It offers guidance to evaluation practitioners, students of development and policymakers. The basic message is that evaluation comes to life when its links with socio-economic, environmental, and governance policies are capitalized on.
Book Synopsis Cost-Benefit Analysis and the Environment Recent Developments by : OECD
Download or read book Cost-Benefit Analysis and the Environment Recent Developments written by OECD and published by OECD Publishing. This book was released on 2006-01-30 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: An in-depth assessment of the most recent conceptual and methodological developments in cost-benefit analysis and the environment.
Book Synopsis Applied Welfare Economics by : Massimo Florio
Download or read book Applied Welfare Economics written by Massimo Florio and published by Routledge. This book was released on 2014-02-05 with total page 439 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is the effect of a new infrastructure on the well-being of a local community? Is a tax reform desirable? Does the privatization of a telecommunication provider increase social welfare? To answer these questions governments and their policy advisors should have in mind an operative definition of social welfare, and cannot rely on simple official statistics, such as GDP. The price we observe are often misleading as welfare signals, and costs and benefits for the society should be based on ‘shadow prices’, revealing the social opportunity costs of goods and of changes of the world. This book explains how to apply these welfare economics ideas to the real world. After a theoretical discussion of the concept of social welfare, a critical analysis of the traditional doctrine of welfare economics embodied in the Two Fundamental Theorems, and a presentation of social cost-benefit analysis, the book introduce the readers to an applied framework. This includes the empirical estimation of shadow prices of goods, of the social cost of labour and capital, the assessment of risk. This book also includes the state of the art of international experience with CBA, including ex-post evaluation of major projects, economic rates of return in different sectors, and a case study on privatisation, is presented. This book offers a unique and original blend of theory, empirics and experience. The theoretical discussion clarifies why shadow prices are not virtual market equilibrium prices, as they arise as the solution of a planning problem, often with governments and economic agents constrained in their information and powers. The empirical chapters show how to compute proxies of the shadow prices in simple ways. The experience chapters draw from first hand research, gained by the Author and his collaborators over many years of advisory work for the European Commission and other international and national institutions.
Book Synopsis Standard Transport Appraisal Methods by :
Download or read book Standard Transport Appraisal Methods written by and published by Academic Press. This book was released on 2020-11-04 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Standard Transport Appraisal Methods, Volume 6 in the Advances in Transport Policy and Planning series, assesses both successful and unsuccessful practices and policies from around the world. Chapters in this new release include Transport models, Cost-Benefit Analysis, Value of Travel Time Savings and reliability, Value of Statistical Life, Wider economic benefits, Multi-criteria analysis, Best-Worst Method, Participatory Value Evaluation, Ex-post evaluation, Sustainability assessment, Evaluating Transport Equity, Environmental Impact Assessment, Decision-Support Systems, Deliberative appraisal methods, Critique on appraisal methods, Appraisal methods in developing countries, Research agenda for appraisal methods, and much more. Provides the authority and expertise of leading contributors from an international board of authors Presents the latest release in the Advances in Transport Policy and Planning series
Book Synopsis Innovative Pricing Strategies to Increase Profits, Second Edition by : Daniel Marburger
Download or read book Innovative Pricing Strategies to Increase Profits, Second Edition written by Daniel Marburger and published by Business Expert Press. This book was released on 2015-09-08 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: Perhaps the most confounding characteristic of the competitive marketplace is that everyone wants a piece of the action. If a firm successfully enters a new market, creates a new product, or designs new innovations for an existing product, it's just a matter of time before competitors follow suit. And the influx of competition inevitably places downward pressure on both price and profitability. Whether you're an economics student or a manager with absolutely no background in economics, this book will help you make better decisions and learn more about the Five Forces Model, (first published in 1979 by Harvard economist Michael Porter) which identifies the characteristics that can help insulate a firm from competitive forces. This book brings microeconomic theory into the world of the business manager rather than the other way around. The author expounds on microeconomic theory, enabling economists to take the knowledge back to the office and apply it.
