This course explains the principles of Cost Benefit Analysis (CBA) and participants will acquire the knowledge and skills in the application of CBA to environmental projects.
Cost Benefit Analysis is a decision-making process used to compare the comparative efficiency of competing projects over their lifetime.
Projects are judged in terms of their relative monetised net benefits, (total benefits minus total costs), including environmental impacts or enhancement; the project with the largest benefit:cost ratio is considered to deliver the most social benefits from the options under consideration.
By the end of this course you will be able to:
Areas covered on this course will include:
AgriFood Training Partnership
The University of Reading
PO Box 226, Whiteknights
Reading RG6 6AP
T. +44 (0)330 333 4530