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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 CasabiancaWashington, DC$745

March 24 - 26, 2009
8:30 AM - 4:00 PM
Instructor: James ByrneVirginia 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 ScullyPhiladelphia, PA$745

June 22 - 24, 2009
8:30 AM - 4:00 PM
Instructor: Marguerite ScullyWashington, DC$745

July 13 - 15, 2009
9:00 AM - 4:00 PM
Instructor: R. Kerry BowlesSan 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 ScullyWashington, 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


    Course Details
    CODE:  PGMT8100D
    TYPE:  Classroom-Day
    LENGTH:  3 Day(s)
    CREDIT:  1.8 CEU
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