Cost-Benefit Analysis Workshop
December 1 - 3, 2008 8:30 AM - 4:00 PM Instructor: Coleman Bevis, Jr. Washington, DC $745 January 5 - 7, 2009 8:30 AM - 4:00 PM Instructor: Art Casabianca Washington, DC $745 March 24 - 26, 2009 8:30 AM - 4:00 PM Instructor: James Byrne Virginia Beach, VA $745 March 30 - April 1, 2009 8:30 AM - 4:00 PM Instructor: Coleman Bevis, Jr. Washington, DC $745 April 28 - 30, 2009 8:30 AM - 4:00 PM Instructor: Coleman Bevis, Jr. Washington, DC $745 May 12 - 14, 2009 8:30 AM - 4:00 PM Honolulu, HI $745 June 2 - 4, 2009 8:30 AM - 4:00 PM Instructor: Marguerite Scully Philadelphia, PA $745 June 22 - 24, 2009 8:30 AM - 4:00 PM Instructor: Marguerite Scully Washington, DC $745 July 13 - 15, 2009 9:00 AM - 4:00 PM Instructor: R. Kerry Bowles San Antonio, TX $745 July 28 - 30, 2009 9:00 AM - 4:00 PM Washington, DC $745 August 11 - 13, 2009 8:30 AM - 4:00 PM Instructor: Marguerite Scully Washington, DC $745 August 18 - 20, 2009 8:30 AM - 4:00 PM Baltimore, MD $745 September 2 - 4, 2009 8:30 AM - 4:00 PM Washington, DC $745 September 9 - 11, 2009 8:30 AM - 4:00 PM St. Louis, MO $745 September 9 - 11, 2009 8:30 AM - 4:00 PM San Francisco, CA $745
Overview:
Receive a solid foundation in the planning framework for cost-benefit studies, including cost types and "behaviors," present-value concept, cost-effectiveness versus cost-benefit, internal rate of return, OMB Circular A-94 and more. You cover the fundamentals to perform basic cost-benefit studies and understand complex studies.
This course is also part of the Certificate of Accomplishment in Program and Management Analysis .
Who Should Attend?
While there is no grade restriction, this course is designed for mid-level managers, analysts and staff members who have had no previous training in cost-benefit analysis.
Additional Information:
View Course Selection Guides .
Objectives:
Describe the purpose and objective of cost-benefit analysis Explain and utilize the concepts of cost, present value and discount Effectively use cost-benefit analysis Present findings and recommendations
Syllabus:
Syllabus -- Cost-Benefit Analysis Workshop, PGMT8100D, Grad. School, USDA
Day one of three
Introduction
Role of cost-benefit analysis
Needs, objectives, goals, plans and programs
Limitations of cost-benefit analysis
Types of analysis
Simplified cost management system
Objectives statement
Measures of efficiency and effectiveness
Day two of three
Model for cost benefit analysis
Types of costs
Types of benefits
Future value
Present value
Net present value
Benefit/Cost ratio
Present value discounting problem
OMB Circular Not. A-94
Introduction/purpose
General principles
Identifying and measuring benefits and costs
Treatment of inflation
Discount rate policy
Treatment of uncertainty
Incidence and distributional effects
Special guidance for public investment analysis
Special guidance for regulatory impact analysis
Special guidance for lease-purchase analysis
Day three of three
Review of key points
Cost-effectiveness vs. cost-benefit analysis
Measuring benefits
Cost
Present value
Case Study
Traffic lights Case Study
Downtown Authority Case Study
Summary and evaluations