Cost-benefit analysis is used to evaluate the desirability of a given policy or to justify the allocation of scarce financial resources to attain an established performance goal. Cost-benefit analysis also provides a portable, scalable model for organizing facts, assumptions, estimates, and findings in support of complex decisions. This course introduces concepts that are applicable to selecting optimal decisions using trade-off analysis. In the course, participants will learn to conduct accurate cost-benefit analyses, thereby identifying choices that increase public welfare and improve efficiency.

DURATION:

3 days

WHO SHOULD ATTEND

This course is designed for individuals who want to understand and apply cost-benefit analysis to support decision-making in their organizations.

LEARNING OBJECTIVES

By the end of the course, participants will be able to:

Select measurement(s) and measure all cost-benefit elements
Forecast cost and benefits over a relevant time period
Convert all costs and benefits into a common currency
Apply a discount rate
Calculate net present value of project net benefits and costs
Perform sensitivity analysis
Evaluate alternatives and select the best value option based on costs and benefits
Incorporate risk (uncertainty) in calculating costs and benefits
Utilize Microsoft Excel tools to facilitate compilation and analysis of cost-benefit elements
Reference applicable OMB guidance and Executive Orders

TOPICS TO BE COVERED

Cost-Benefit Analysis Fundamentals
Costs
Benefits
Time Value of Money
Time-Based Decision Criteria Measures Used in Cost Benefit Analysis
Sensitivity Analysis

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Tailor-Made Training

This training can also be customized for your institution upon request to a minimum of 4 participants. You can have it delivered in our training centre or at a convenient location.

How to participate

Tailors make your course.

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ACCOMMODATION

Accommodation is arranged upon request. For reservations contact the Training Officer.

Email: [email protected]

Mob: +254 715 077 817

Tel: 020 211 3814

PAYMENT

Payment should be transferred to IRES account through bank on or before C.O.B. 27th November 2017

Send proof of payment to [email protected]

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For further inquiries, please contact us on Tel: +254 715 077 817, +254 (020) 211 3814, +254 731240802, +254 735331020.

Email [email protected]

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Indepth Research Services (IRES) is a global institutional capacity building, technical and management consultancy firm with its head office in Nairobi, Kenya.

IRES offers technical and management consultancy services as well as education and training services designed for individuals’ and groups from organizations working in public, not for profit and private sectors.

IRES Kenya has identified itself with a niche market that largely comprises of Government ministries, departments and agencies (MDA’s) and UN agencies, Non-Governmental Organizations, from Africa, Europe, Asia, Middle-East and the Caribbean. We have also served academic institutions, international research organizations, financial institutions and private companies from across the globe. As at 2018 we offer our services in more than 15 locations globally.

Our technical and management consultancy services are in the areas of Agriculture, Education, Energy, Oil and gas, Health, Environment and natural resources, ICT for development, spatial planning, Governance, Management and leadership, communication, transport, revenue management, marketing development and environment among others.
Our education and training services are aimed helping individuals improve their professional knowledge, competence, skill, and effectiveness and enable the institutions to get the best out of their workforce. This is achieved through conducting high impact professional diploma and certificate courses, short courses, conferences, workshops and seminars. ...

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