Author: Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Improving the Practice of Cost Benefit Analysis in Transport
Author: Improving the Practice of Cost Benefit Analysis in Transport
Author: Organisation for Economic Co-operation and DevelopmentPublisher:
ISBN:
Category : Transportation
Languages : en
Pages : 18
Book Description
Cost-benefit analysis (CBA) is widely recognized to be helpful, even indispensible, for making good decisions on what transport projects to fund. It essentially aims to figure out which projects offer the best value for money, one of the core criteria for making decisions. However, the practical relevance of cost-benefit analysis does not always live up to its appeal in principle. One problem is that there is disagreement about what to include in both the costs and the benefits side of the analysis, so that value for money is not always a fully transparent concept. A second problem is that value for money is only a partial criterion for decision-making, leading to disagreement about the relative importance of the results from CBA compared to other inputs into the decision-making process. Discussions at the Roundtable aimed to shed light on these conceptual problems by analysing the practice of CBA and comparing approaches to it in different countries. In short the aim was to identify a checklist of items that should be included in a socially relevant cost-benefit analysis, i.e. analysis that can be produced in reasonable time and at reasonable cost but is good enough to help resolve trade-offs.
Improving the Practice of Cost Benefit Analysis in Transport
Author: Publisher:
ISBN:
Category :
Languages : en
Pages : 17
Book Description
Cost-benefit analysis (CBA) is widely recognized to be helpful, even indispensible, for making good decisions on what transport projects to fund. It essentially aims to figure out which projects offer the best value for money, one of the core criteria for making decisions. However, the practical relevance of cost-benefit analysis does not always live up to its appeal in principle. One problem is that there is disagreement about what to include in both the costs and the benefits side of the analysis, so that value for money is not always a fully transparent concept. A second problem is that value for money is only a partial criterion for decision-making, leading to disagreement about the relative importance of the results from CBA compared to other inputs into the decision-making process. Discussions at the Roundtable aimed to shed light on these conceptual problems by analysing the practice of CBA and comparing approaches to it in different countries. In short the aim was to identify a checklist of items that should be included in a socially relevant cost-benefit analysis, i.e. analysis that can be produced in reasonable time and at reasonable cost but is good enough to help resolve trade-offs.
The Practice of Cost-Benefit Analysis in Transport: The Case of France
Author: Transport Project Evaluation
Author: Elvira HaezendonckPublisher: Edward Elgar Publishing
ISBN: 1847208681
Category : Transportation
Languages : en
Pages : 239
Book Description
This timely book puts transport cost benefit analysis in a wider, institutional perspective, relating it in particular to decision making. The book will be of interest to practitioners, consultants and academics who are active in the evaluation of transport projects. Erik T. Verhoef, VU University Amsterdam, The Netherlands This is an important piece of work on project evaluation. An attractive feature is the balanced treatment of theory and application. The book provides very useful information on efforts of national governments in various countries to increase the quality of project evaluation studies by formulating guidelines for project evaluation. One of the strong points of the book is that it does not only address technical aspects of project evaluation tools, but also the institutional structures within which decisions are taken. Piet Rietveld, Vrije Universiteit and Tinbergen Institute, Amsterdam, The Netherlands This book revisits traditional evaluation methods, such as cost benefit analysis, to try and find a balance between the ever-increasing demand for transport, the search for sustainable mobility and green transport solutions, and the limited financial resources that governments are able to invest in transport infrastructure projects. In this respect, the effects of transport policy need to be measured and evaluated based on multiple criteria and the need to take into consideration a larger group of stakeholders and investors in transport projects. The book illustrates, methodologically and empirically, why and how the institutional and multi-actor environment impacts upon the analysis, evaluation and decision-making of transport projects in Europe. Including contributions from scholars with considerable expertise in the field, this book will be of great interest to consultants, policymakers and researchers.
The Practice of Cost-Benefit Analysis in the Transport Sector
Author: Vladimir Ramirez SoberanisPublisher:
ISBN:
Category : Mexico
Languages : en
Pages : 22
Book Description
Practice of Cost-Benefit Analysis in Transport
Author: Public Transport Authorities' Use of Cost-benefit Analysis in Practice
Author: Andreas VigrenStandard Transport Appraisal Methods
Author: Publisher: Academic Press
ISBN: 0128208228
Category : Law
Languages : en
Pages : 336
Book Description
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
ITF Round Tables
Author: Organisation for Economic Co-operation and DevelopmentPublisher:
ISBN: 9781283130912
Category : Transportation
Languages : en
Pages : 112
Book Description
OF DISCUSSIONS -- The Practice of Cost-Benefit Analysis in Transport: The Case of France, by Emile QUINET -- 1. Introduction -- 2. Origins of Changes in the Doctrine -- 3. Project Evaluation Guidance -- 4. Assessments of Recent Programmes and Projects -- 5. Overall Decision on Cost-Benefit Analysis vs. Multi-Criteria Analysis -- 6. Some Ideas for Improving Cost-Benefit Analysis -- 7. Conclusion -- The Practice of Cost-Benefit Analysis in the Transport Sector: A Mexican Perspective, by Vladimir RAMÍREZ SOBERANIS -- 1. Introduction -- 2. Institutional Framework (Stages of the Public Investment Process) -- 3. The Role of Cost-Benefit Analysis in the Decisionmaking Process -- 4. Key Elements of Cost-Benefit Analysis -- 5. Potential Development of Project Assessment Procedures -- 6. Conclusion -- Cost-Benefit Analysis in Transport: A UK Perspective, by Peter J. MACKIE -- 1. Introduction -- 2. The Role of Transport Appraisal -- 3. Transport CBA in the UK -- 4. Critiques of UK Transport Appraisal -- 5. Transport and the Economy -- 6. Concluding Thoughts -- List of Participants.