1.011 | Spring 2011 | Undergraduate

Project Evaluation


Subject Topics

Basic Concepts

  • Money-time relationships and equivalence
  • Categories of benefits and costs
  • Estimating benefits and costs
  • Cash flows
  • Calculating net present value
  • Benefit-cost analysis (BCA)
  • Comparing alternatives
  • Public vs. private perspectives on comparing alternatives
  • Economic vs. financial analysis
  • Methods of depreciation relation to taxes
  • Multi-stakeholder analysis
  • Multi-attribute analysis
  • Dealing with uncertainty
  • Project finance, including public/private partnerships (PPP)

Advanced Topics

Focus will be on risk and decision-making under uncertainty.

  • Risk analysis & management tools
  • Real options and flexibility
  • Decision-making under uncertainty
  • Stakeholder analysis/evaluative complexity

Course Info

As Taught In
Spring 2011
Learning Resource Types
Problem Sets
Lecture Notes
Projects with Examples
Written Assignments