PROCBATT

Cost Benefits Analysis (CBA) – Tools and Techniques

LEVEL 
Basic / Intermediate

COURSE LENGTH
3 Hours / Half Day

CREDITS
 

Course Description

Practitioners of Cost-Benefit Analysis (CBA) need to apply the tools and techniques for evaluating financial results while analyzing costs and benefits.  This 3-hour workshop is a follow-on session to the “Basics of Cost Benefits Analysis and will provide participants with a detailed explanation on how to use the most popular formulas for calculating costs and benefits.  The participants will also present the results (capstone exercise) of these formulas on their chosen CBA project to the class.

Learning Objectives:

  • Review and discuss CBA principles

  • Determine how various stakeholders view costs within an organization

  • Review and see examples of the most common CBA formulas:

    • Earned Monetary Value (EMV)

    • Net Present Value (NPV)

    • Internal Rate of Return (IRR)

    • Payback Period (PP)

  • Discuss the benefits of a Benefits Management Plan

  • Present Capstone Case study