Related Papers
Cost-Benefit Analysis for Investment Decisions: Chapter 5 (Scale, Timing, Length and Inter-Dependencies in Project Selection)
Arnold Harberger
Proceedings of the 6th IPMA SENET Project Management Conference “Digital Transformation and Sustainable Development in Project Management”
The Benefits of Cost-Benefit Analysis in Construction Projects
Maja-Marija Nahod
The European Union’s (EU) main goal, as stated in the EU Green Deal, is to achieve climate neutrality by 2050, and the construction sector plays a significant role in this achievement through efforts to make infrastructure, commercial, and private projects more sustainable. For many years, Cost-Benefit Analysis (CBA) has been used to evaluate and make decisions on co-financing large infrastructure projects funded by the EU. As a result, the EU has incorporated the CBA into its cohesion policies, major initiative objectives, major sectoral policies, and common links, such as climate change and resource efficiency. However, in order to achieve ambitious European goals, the CBA has found a much broader application and is now used for the evaluation of circular economy projects, alternative materials in construction projects, in waste management and sustainable design, or to prove the efficiency of information processes or corporate governance. This paper will give an overview of the us...
Cost-Benefit Analysis for Investment Decisions: Forward, Table of Contents, Preface and Chapter 1 (The Integrated Analysis of Investment Projects)
Arnold Harberger
Cost-Benefit Analysis for Investment Decisions: Chapter 7 (Principles Underlying The Economic Analysis of Projects)
Arnold Harberger
The 14th Economic International Conference: Strategies and Development Policies of Territories: International, Country, Region, City, Location Challenges, May 10-11, 2018, Stefan cel Mare University of Suceava, Romania
Performing Cost-Benefit Analysis for Funding Projects
2018 •
Lucia Morosan-Danila
Cost-Benefit Analysis is an analytical tool used to estimate (in terms of benefits and costs) the socio-economic impact due to the implementation of certain actions and / or projects. The impact has to be assessed against predetermined objectives, with the analysis usually taking place by taking into account all individuals affected by the action, either directly or indirectly. The paper presents the importance of Cost-Benefit Analysis for companies that want to access non-reimbursable funds (from the European Commission's budget or national budget), but also its impact on the decision of the financiers to grant funds to the applicant companies. Cost-Benefit Analysis forecasts will positively impact company’s activity? Is CBA real or shows processed information only to determine the financer to give the financing? Who really benefits from the forecasts? These are questions stay unanswered, because the risks and uncertainties to which companies are subjected daily, does no guaran...
Specificities of using the cost-benefit analysis for public projects financed by the structural funds
Anca Bandoi
Cost-benefit analysis is a major step in carrying out a feasibility study, as it allows for expressing an opinion on the economic and social value of the project as well as for a ranking according to their potential to create or increase net social benefits. Among the weaknesses of this type of analysis, we might mention that its applicability is quite limited in terms of social policies, it requires a high level of practical experience and the capacity of risk event handling, especially for projects that produce particularly long-term intangible qualitative benefits. Overall, one may conclude that the cost-benefit analysis is much more than a simple exercise in algebra, requiring the capacity to master various techniques to allow for estimates in the medium and long run.
Cost-Benefit Analysis for Investment Decisions: Chapter 2 (A Strategy for the Appraisal of Investment Projects)
Arnold Harberger
Proceedings of International Conference on Construction and Real Estate Management
The Appropriateness of Cost Benefit Analysis (CBA) to Public Project Evaluation
2012 •
STEPHEN F E M I OYEYOADE
：The paper based on the relevance of Cost Benefit Analysis (CBA) to the evaluation of proposals on public project executions with a view to restraining resources from undesirable projects especially at the grassroots levels in the developing countries. Further importance and the strength of CBA as a prescriptive method of comparative analysis in determining the most feasible project in a bid to avoiding functional obsolescence (even when newly completed) were elicited through comparison analysis of two (2) public projects proposed by Ejigbo Local Government of Osun State, Nigeria. The tools employed in determining the most desired project are; Cost-Benefit Ratio in consideration of the tangible costs and benefits while Preference Technique was adopted for the analysis of intangible social costs and benefits. The paper concluded that the application of CBA to the development project proposals will enhance "value for money" in the aspect of good governance, and as well as curtailing wastage of resources that do emanate many at times from undesirability of some public projects.
Cost Benefit Analysis - a Tool to Optimize Project Cycle Management
2009 •
Marius Pantea
Developing a sustainable economy requires increasing the competitiveness of public and private activity sectors, in order to attract internal and international financial resources needed to finance the growth of economic entities. Given the limited public resources and diversity of competitive sectors that require funding by public funds, a comprehensive analysis of social costs and social benefits of a project must be achieved, in order to optimize decision-making on carrying out different types of investment projects. In this sense, cost-benefit analysis demonstrates its usefulness by highlighting the social effects of a project, compared with the investment costs, so that social benefits obtained through the project’s implementation determine its opportunity and its need. The purpose of this paper is to highlight the importance of using different project management techniques which, correlated, lead to a higher quality of the results and information, allowing the public decision-...
Cost-Benefit Analysis for Investment Decisions: Chapter 3 (The Financial Appraisal of Projects)
Arnold Harberger
