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
