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This document provides an overview of cost-benefit analysis (CBA) and its application to natural resource management and extractive industries. It defines CBA as a framework that allows decision-makers to consider the trade-offs between alternative development options and determine if a community is better or worse off. The document outlines key aspects of conducting a CBA, including identifying and quantifying costs and benefits, assigning monetary values, accounting for timeframes and risks/uncertainties, and preparing a CBA report. The overall aim of CBA is to determine if the total benefits of a project or policy outweigh the total costs from an aggregate social welfare perspective.
This document provides an overview of cost-benefit analysis (CBA) and its application to natural resource management and extractive industries. It defines CBA as a framework that allows decision-makers to consider the trade-offs between alternative development options and determine if a community is better or worse off. The document outlines key aspects of conducting a CBA, including identifying and quantifying costs and benefits, assigning monetary values, accounting for timeframes and risks/uncertainties, and preparing a CBA report. The overall aim of CBA is to determine if the total benefits of a project or policy outweigh the total costs from an aggregate social welfare perspective.
This document provides an overview of project appraisal and risk management for public-private partnerships (PPPs). It discusses the importance of the framework guiding PPP projects from identification through the project lifecycle. Key aspects of project appraisal covered include screening projects for PPP suitability, economic viability analysis, cost-benefit analysis, and risk assessment. The stages of the PPP process and differences between PPP and traditional procurement are also summarized.
This document provides information about cost estimating for engineering projects. It discusses the purpose and steps of cost estimating, including order of magnitude estimates, preliminary estimates, detailed estimates, and final estimates. It describes tools used for gathering costs like RS Means and contractor input. It also outlines types of costs that are considered, such as construction, operation, maintenance, and owner's costs. The overall purpose is to provide clients with accurate budget estimates for their engineering projects.
Expert Workshop on Adaptation Financing and Implementation, Putting Priorities into Practice in OECD Countries, Paris, 18-19 June, 2014
Cost-benefit analysis is used to determine if a planned action will have positive or negative outcomes. It quantifies all the benefits and costs to calculate the net impact. Some key applications include deciding whether to hire additional staff, purchase new equipment, or invest cash. A proper cost-benefit analysis involves identifying and monetizing all relevant costs and benefits to help make efficient decisions.