Cost Benefit Analysis, and the measures of economic performance that can be derived from it (see Note 6: When and How to Use NPV, IRR and Adjusted IRR), is the preferred method for demonstrating the economic justification of transport investments. Such an approach, however, relies on the ability to be able to measure costs and benefits in monetary terms (see Note 5: Framework), which renders it problematic for projects where the majority of benefits...
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INFORMATION
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2005/01/01
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Fiche
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33930
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1
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1
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2010/07/01
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Disclosed
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Where to use cost effectiveness techniques rather than cost benefit analysis
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basic access