it is useful for project management students in which process of scba (social cost benefit analysis) is given in detail and these steps are simple to learn and depend on approches also and that aproches are in next presentation.
A social cost benefit analysis systematically evaluates all impacts of development projects, including financial, societal, environmental, health, market, and legal effects. It assigns monetary values to quantify these heterogeneous effects to allow uniform comparison of costs and benefits. This enables decision-makers to assess the net social welfare impact of different project alternatives and understand who bears costs and benefits. The analysis identifies direct, indirect, and external costs and benefits to provide information for well-informed decisions that account for risks and uncertainties.
Social Cost Benefit Analysis - SCBA - Seminar by Mohan Kumar GMohan Kumar G
This document provides an overview of social cost-benefit analysis (SCBA). It defines SCBA as a tool to evaluate projects based on their current and future social and economic impacts. The document outlines the key components of an SCBA, including identifying social costs and benefits, using shadow pricing to value hard-to-measure impacts, ranking projects, and distinguishing SCBA from traditional cost-benefit analysis. It also summarizes two common approaches to conducting SCBAs - the UNIDO and Little-Mirrlees approaches. The overall purpose of the document is to explain the objectives, methodology and importance of social cost-benefit analysis for project evaluation.
This presentation provides an overview of social cost benefit analysis (SCBA). It begins by distinguishing SCBA from commercial cost benefit analysis, noting that SCBA takes a wider view to consider a project's full social impacts. It then defines SCBA as evaluating a project from the viewpoint of society as a whole by considering both its positive and negative social effects. The document outlines the objectives and significance of SCBA compared to CBA. It also describes the UNIDO and L-M approaches to conducting SCBA and provides examples of determining shadow prices for inputs, outputs, externalities, labor and capital.
The document discusses social cost benefit analysis (SCBA), which evaluates projects from a societal perspective rather than a private perspective. SCBA accounts for indirect impacts like externalities, taxes/subsidies, savings, redistribution, and merit goods. It describes the UNIDO and L&M approaches to SCBA. The UNIDO approach involves 5 stages: 1) financial analysis, 2) economic prices, 3) income distribution impacts, 4) savings impacts, and 5) merit/demerit goods adjustments. It also discusses shadow pricing methodology and considers social discount rates.
Social cost benefit analysis (SCBA) differs from commercial or financial analysis as it adopts a social perspective. SCBA considers both the positive social benefits and negative social costs that a project may have on society. The purpose of SCBA is to assess the economic efficiency of a project and determine whether its implementation will provide benefits to society that outweigh the costs. It also helps select between alternative options by considering how each may impact society.
Cost-benefit analysis (CBA) is used to evaluate the costs and benefits of projects to determine if they increase social welfare. CBA totals the equivalent money value of quantified tangible and intangible costs and benefits to assess if a project is worthwhile. The main stages of CBA are to calculate all social costs and benefits, conduct sensitivity analysis on uncertain values, discount future costs and benefits to present value, compare costs and benefits to determine the net social return, and select projects with the highest net returns when funds are limited. CBA is commonly used to evaluate large public infrastructure projects but can also be applied to health, environmental and other social programs.
A social cost benefit analysis systematically evaluates all impacts of development projects, including financial, societal, environmental, health, market, and legal effects. It assigns monetary values to quantify these heterogeneous effects to allow uniform comparison of costs and benefits. This enables decision-makers to assess the net social welfare impact of different project alternatives and understand who bears costs and benefits. The analysis identifies direct, indirect, and external costs and benefits to provide information for well-informed decisions that account for risks and uncertainties.
Social Cost Benefit Analysis - SCBA - Seminar by Mohan Kumar GMohan Kumar G
This document provides an overview of social cost-benefit analysis (SCBA). It defines SCBA as a tool to evaluate projects based on their current and future social and economic impacts. The document outlines the key components of an SCBA, including identifying social costs and benefits, using shadow pricing to value hard-to-measure impacts, ranking projects, and distinguishing SCBA from traditional cost-benefit analysis. It also summarizes two common approaches to conducting SCBAs - the UNIDO and Little-Mirrlees approaches. The overall purpose of the document is to explain the objectives, methodology and importance of social cost-benefit analysis for project evaluation.
This presentation provides an overview of social cost benefit analysis (SCBA). It begins by distinguishing SCBA from commercial cost benefit analysis, noting that SCBA takes a wider view to consider a project's full social impacts. It then defines SCBA as evaluating a project from the viewpoint of society as a whole by considering both its positive and negative social effects. The document outlines the objectives and significance of SCBA compared to CBA. It also describes the UNIDO and L-M approaches to conducting SCBA and provides examples of determining shadow prices for inputs, outputs, externalities, labor and capital.
The document discusses social cost benefit analysis (SCBA), which evaluates projects from a societal perspective rather than a private perspective. SCBA accounts for indirect impacts like externalities, taxes/subsidies, savings, redistribution, and merit goods. It describes the UNIDO and L&M approaches to SCBA. The UNIDO approach involves 5 stages: 1) financial analysis, 2) economic prices, 3) income distribution impacts, 4) savings impacts, and 5) merit/demerit goods adjustments. It also discusses shadow pricing methodology and considers social discount rates.
Social cost benefit analysis (SCBA) differs from commercial or financial analysis as it adopts a social perspective. SCBA considers both the positive social benefits and negative social costs that a project may have on society. The purpose of SCBA is to assess the economic efficiency of a project and determine whether its implementation will provide benefits to society that outweigh the costs. It also helps select between alternative options by considering how each may impact society.
Cost-benefit analysis (CBA) is used to evaluate the costs and benefits of projects to determine if they increase social welfare. CBA totals the equivalent money value of quantified tangible and intangible costs and benefits to assess if a project is worthwhile. The main stages of CBA are to calculate all social costs and benefits, conduct sensitivity analysis on uncertain values, discount future costs and benefits to present value, compare costs and benefits to determine the net social return, and select projects with the highest net returns when funds are limited. CBA is commonly used to evaluate large public infrastructure projects but can also be applied to health, environmental and other social programs.
This document provides an overview of social cost benefit analysis (SCBA). It discusses that SCBA is a methodology used to evaluate investment projects and aid in resource allocation. The document outlines two main approaches to SCBA - the UNIDO approach and L-M approach. The UNIDO approach examines project desirability from financial profitability, savings/consumption, income distribution, and merit/demerit goods production. It involves calculating financial profitability, net economic benefits, and making adjustments. The L-M approach differs in using uncommitted social income as the numeraire and measuring costs/benefits in border prices.
The document discusses the presentation topics of economic and social benefits. It will be presented by a group consisting of 4 members. The presentation will cover the economic benefits, how to measure economic benefits, social benefits, and the importance of social benefits. Economic benefits are then defined and examples are provided such as profit, jobs, and GDP growth. Social benefits are defined as private benefits plus external benefits. The importance of analyzing both economic and social costs and benefits for decision making is also discussed.
This document discusses social cost benefit analysis (SCBA), which is a methodology used to evaluate investment projects from the perspective of their overall impact on society and the economy. It can be applied to both public and private investments. The objectives of SCBA include determining the economic benefits and costs of a project, as well as its impacts on savings, income distribution, and other social goals. Advantages include identifying projects that maximize social welfare, while disadvantages include difficulties in quantifying all social costs and benefits. The key steps of SCBA involve identifying and projecting costs and benefits over time, converting them to monetary values, discounting future amounts, and performing a net present value analysis along with sensitivity testing.
Social cost-benefit analysis (SCBA) evaluates the social impact and merits of projects and policies by calculating their total costs and benefits. SCBA assesses factors like how many people will use and benefit from a new bridge, whether its toll costs will reduce traffic, and if the overall benefits exceed the costs. It is important for governments to use SCBA rather than just considering profitability, as they must account for market failures and impacts on employment, income distribution, and the environment. SCBA helps governments approve projects that provide widespread and sustainable economic and social benefits.
Social Cost Benefit Analysis: Concept of social cost benefit, significance of SCBA, Approach to SCBA,
UNIDO approach to SCBA, Shadow pricing of resource, the little miracle approach,
Project Implementation: Schedule of project implementation, Project Planning, Project Control, Human
aspects of project management, team building, high performance team.
This document discusses social cost benefit analysis (SCBA) and the UNIDO approach to SCBA. It is divided into several sections that cover: the rationale for SCBA including market imperfections, externalities, and taxes/subsidies; the UNIDO approach and its 5 stages; calculating net benefits using shadow pricing and choosing a numeraire; the concept of tradable goods; sources of shadow prices; and treatment of taxes in the analysis. The overall document provides an overview of how to conduct SCBA according to the UNIDO methodology.
This document discusses costs and benefits from individual and social perspectives. It defines key concepts like marginal costs, total costs, opportunity costs, and externalities. It explains how individuals and businesses can maximize net benefits and profits by producing up to the point where marginal benefits/revenues equal marginal costs. The document also discusses how externalities can cause divergence between private and social costs/benefits. It concludes that government policies aim to maximize social welfare by taxing negative externalities and subsidizing positive externalities.
16806_ARUN B SOCIAL COST BENEFIT ANALYSIS PPT(PUBLIC I SEM).pdfK T Vigneswara Rao
The document discusses social cost benefit analysis (SCBA) which evaluates the costs and benefits of a project on society as a whole, rather than just on the commercial entities involved. It outlines the UNIDO approach to SCBA, which involves 5 stages - 1) calculating financial profitability at market prices, 2) obtaining net benefit using shadow prices to account for market imperfections, 3) adjusting for impacts on savings and investment, 4) adjusting for impacts on income distribution, and 5) adjusting for impacts on merit goods. Shadow pricing assigns social values to inputs and outputs and accounts for factors like externalities not captured by market prices.
This document provides an overview of sensitivity analysis as part of cost-benefit analysis for justice policies. Sensitivity analysis examines how sensitive the results of a cost-benefit analysis are to changes in underlying assumptions and parameters. The document discusses deterministic sensitivity analysis techniques like partial sensitivity analysis, which varies inputs one at a time, and scenario analysis, which defines best and worst case scenarios. It also discusses probabilistic sensitivity analysis using Monte Carlo simulation. The goal of sensitivity analysis is to assess the robustness of cost-benefit analysis results to changes in assumptions.
1. The document discusses social cost benefit analysis (SCBA), which evaluates projects based on their overall impact on society rather than just their private costs and benefits. SCBA considers factors like externalities, taxes/subsidies, impact on savings, income distribution, and social goals.
2. The UNIDO approach to SCBA involves 5 stages - calculating financial profitability at market prices, determining net benefit using shadow prices, adjusting for impact on savings/investment and income distribution, and accounting for external social values. Shadow prices reflect social value and are based on factors like border prices, production costs, and willingness to pay.
3. SCBA is important for evaluating both public and private investments, as it
Social Cost Benefit Analysis (SCBA) evaluates whether a proposed project will benefit or cost society. It considers factors like employment, income distribution, savings and investment, externalities, and taxes. The UNIDO approach is a 5-stage methodology for conducting SCBA, analyzing financial profitability, economic efficiency, impact on savings and income distribution, and the difference between social and economic values. Opportunity cost is the cost of the next best alternative forgone. Capital structure refers to how a firm finances its operations through various sources of funds like debt and equity.
The document summarizes the seven steps to real estate investments and financing using public-private partnerships (PPPs), as presented at a real estate conference in Turkey. It begins with an introduction and definitions of key terms. The seven steps are then outlined and include: ensuring PPP expertise, assessing the macroeconomic and environmental impacts, evaluating project risks, structuring the financing, conducting feasibility studies, preparing cash flow statements, and ensuring good corporate governance. Two case studies of successful PPP projects are provided: the Lekki Toll Road project in Nigeria and the Ji'nan Wastewater Treatment project in China. The presentation concludes that following PPP best practices can effectively deliver infrastructure projects that benefit both the public and private sectors.
This document discusses different techniques for calculating shadow prices used in cost-benefit analysis for projects and policies. Shadow pricing is important for conducting social cost-benefit analysis and accounts for market distortions. The techniques discussed are UNIDO's 5 stage approach, the OECD (Little and Mirrless) approach, and the World Bank model. All three approaches involve classifying project inputs and outputs as traded, non-traded, or labor and calculating shadow prices based on international prices, marginal prices, or wage rates.
The document discusses social cost-benefit analysis (SCBA), which is used to evaluate the economic impact of projects on a national level. SCBA measures impacts such as foreign exchange earnings, taxation revenue, employment, and income distribution. It considers effects from the perspective of the financial analysis, economic analysis, and distributional analysis. The rationale for SCBA includes market imperfections, externalities, taxes/subsidies, concern for savings and redistribution, and merit wants. The document outlines approaches to SCBA, including shadow pricing of inputs/outputs, and discusses factors such as tradability, consumers' willingness to pay, and production costs.
Economics of Climate Change Adaptation Training - Session 2UNDP Climate
This document discusses different types of cost-benefit analyses that can be conducted for investment projects and policies, including economic, financial, and fiscal analyses. It explains that an economic analysis considers costs and benefits to all of society, a financial analysis considers private costs and benefits to investors/developers, and a fiscal analysis considers public budget impacts. The document also distinguishes cost-benefit analysis from cost-effectiveness analysis and discusses how environmental impacts are incorporated into an economic analysis but not a financial one.
The document discusses social cost benefit analysis (SCBA) which evaluates the costs and benefits of a project on society as a whole, rather than just on commercial interests. It notes that commercial cost benefit analysis only considers private costs and benefits and does not account for externalities or social impacts. SCBA aims to assign accurate shadow prices to account for market imperfections and externalities. The UNIDO approach to SCBA involves 5 stages - calculating financial profitability at market prices, determining net benefit at shadow prices, adjusting for impacts on savings/investment, income distribution, and merit/demerit goods. Shadow prices reflect the true social value of resources and account for issues like tradability and impact on the national economy.
1. The chapter outlines the methodology used in the study, including the theoretical framework of cost-benefit analysis. Cost-benefit analysis attempts to quantify the total social costs and benefits of a project in monetary terms.
2. The study area is Akure metropolis in Ondo State, Nigeria. Specific fish farms will be studied.
3. The sampling procedure will use purposive sampling to gather information from representative farms.
This document provides an overview of social cost benefit analysis (SCBA). It discusses that SCBA is a methodology used to evaluate investment projects and aid in resource allocation. The document outlines two main approaches to SCBA - the UNIDO approach and L-M approach. The UNIDO approach examines project desirability from financial profitability, savings/consumption, income distribution, and merit/demerit goods production. It involves calculating financial profitability, net economic benefits, and making adjustments. The L-M approach differs in using uncommitted social income as the numeraire and measuring costs/benefits in border prices.
The document discusses the presentation topics of economic and social benefits. It will be presented by a group consisting of 4 members. The presentation will cover the economic benefits, how to measure economic benefits, social benefits, and the importance of social benefits. Economic benefits are then defined and examples are provided such as profit, jobs, and GDP growth. Social benefits are defined as private benefits plus external benefits. The importance of analyzing both economic and social costs and benefits for decision making is also discussed.
This document discusses social cost benefit analysis (SCBA), which is a methodology used to evaluate investment projects from the perspective of their overall impact on society and the economy. It can be applied to both public and private investments. The objectives of SCBA include determining the economic benefits and costs of a project, as well as its impacts on savings, income distribution, and other social goals. Advantages include identifying projects that maximize social welfare, while disadvantages include difficulties in quantifying all social costs and benefits. The key steps of SCBA involve identifying and projecting costs and benefits over time, converting them to monetary values, discounting future amounts, and performing a net present value analysis along with sensitivity testing.
Social cost-benefit analysis (SCBA) evaluates the social impact and merits of projects and policies by calculating their total costs and benefits. SCBA assesses factors like how many people will use and benefit from a new bridge, whether its toll costs will reduce traffic, and if the overall benefits exceed the costs. It is important for governments to use SCBA rather than just considering profitability, as they must account for market failures and impacts on employment, income distribution, and the environment. SCBA helps governments approve projects that provide widespread and sustainable economic and social benefits.
Social Cost Benefit Analysis: Concept of social cost benefit, significance of SCBA, Approach to SCBA,
UNIDO approach to SCBA, Shadow pricing of resource, the little miracle approach,
Project Implementation: Schedule of project implementation, Project Planning, Project Control, Human
aspects of project management, team building, high performance team.
This document discusses social cost benefit analysis (SCBA) and the UNIDO approach to SCBA. It is divided into several sections that cover: the rationale for SCBA including market imperfections, externalities, and taxes/subsidies; the UNIDO approach and its 5 stages; calculating net benefits using shadow pricing and choosing a numeraire; the concept of tradable goods; sources of shadow prices; and treatment of taxes in the analysis. The overall document provides an overview of how to conduct SCBA according to the UNIDO methodology.
This document discusses costs and benefits from individual and social perspectives. It defines key concepts like marginal costs, total costs, opportunity costs, and externalities. It explains how individuals and businesses can maximize net benefits and profits by producing up to the point where marginal benefits/revenues equal marginal costs. The document also discusses how externalities can cause divergence between private and social costs/benefits. It concludes that government policies aim to maximize social welfare by taxing negative externalities and subsidizing positive externalities.
16806_ARUN B SOCIAL COST BENEFIT ANALYSIS PPT(PUBLIC I SEM).pdfK T Vigneswara Rao
The document discusses social cost benefit analysis (SCBA) which evaluates the costs and benefits of a project on society as a whole, rather than just on the commercial entities involved. It outlines the UNIDO approach to SCBA, which involves 5 stages - 1) calculating financial profitability at market prices, 2) obtaining net benefit using shadow prices to account for market imperfections, 3) adjusting for impacts on savings and investment, 4) adjusting for impacts on income distribution, and 5) adjusting for impacts on merit goods. Shadow pricing assigns social values to inputs and outputs and accounts for factors like externalities not captured by market prices.
This document provides an overview of sensitivity analysis as part of cost-benefit analysis for justice policies. Sensitivity analysis examines how sensitive the results of a cost-benefit analysis are to changes in underlying assumptions and parameters. The document discusses deterministic sensitivity analysis techniques like partial sensitivity analysis, which varies inputs one at a time, and scenario analysis, which defines best and worst case scenarios. It also discusses probabilistic sensitivity analysis using Monte Carlo simulation. The goal of sensitivity analysis is to assess the robustness of cost-benefit analysis results to changes in assumptions.
1. The document discusses social cost benefit analysis (SCBA), which evaluates projects based on their overall impact on society rather than just their private costs and benefits. SCBA considers factors like externalities, taxes/subsidies, impact on savings, income distribution, and social goals.
2. The UNIDO approach to SCBA involves 5 stages - calculating financial profitability at market prices, determining net benefit using shadow prices, adjusting for impact on savings/investment and income distribution, and accounting for external social values. Shadow prices reflect social value and are based on factors like border prices, production costs, and willingness to pay.
3. SCBA is important for evaluating both public and private investments, as it
Social Cost Benefit Analysis (SCBA) evaluates whether a proposed project will benefit or cost society. It considers factors like employment, income distribution, savings and investment, externalities, and taxes. The UNIDO approach is a 5-stage methodology for conducting SCBA, analyzing financial profitability, economic efficiency, impact on savings and income distribution, and the difference between social and economic values. Opportunity cost is the cost of the next best alternative forgone. Capital structure refers to how a firm finances its operations through various sources of funds like debt and equity.
The document summarizes the seven steps to real estate investments and financing using public-private partnerships (PPPs), as presented at a real estate conference in Turkey. It begins with an introduction and definitions of key terms. The seven steps are then outlined and include: ensuring PPP expertise, assessing the macroeconomic and environmental impacts, evaluating project risks, structuring the financing, conducting feasibility studies, preparing cash flow statements, and ensuring good corporate governance. Two case studies of successful PPP projects are provided: the Lekki Toll Road project in Nigeria and the Ji'nan Wastewater Treatment project in China. The presentation concludes that following PPP best practices can effectively deliver infrastructure projects that benefit both the public and private sectors.
This document discusses different techniques for calculating shadow prices used in cost-benefit analysis for projects and policies. Shadow pricing is important for conducting social cost-benefit analysis and accounts for market distortions. The techniques discussed are UNIDO's 5 stage approach, the OECD (Little and Mirrless) approach, and the World Bank model. All three approaches involve classifying project inputs and outputs as traded, non-traded, or labor and calculating shadow prices based on international prices, marginal prices, or wage rates.
The document discusses social cost-benefit analysis (SCBA), which is used to evaluate the economic impact of projects on a national level. SCBA measures impacts such as foreign exchange earnings, taxation revenue, employment, and income distribution. It considers effects from the perspective of the financial analysis, economic analysis, and distributional analysis. The rationale for SCBA includes market imperfections, externalities, taxes/subsidies, concern for savings and redistribution, and merit wants. The document outlines approaches to SCBA, including shadow pricing of inputs/outputs, and discusses factors such as tradability, consumers' willingness to pay, and production costs.
Economics of Climate Change Adaptation Training - Session 2UNDP Climate
This document discusses different types of cost-benefit analyses that can be conducted for investment projects and policies, including economic, financial, and fiscal analyses. It explains that an economic analysis considers costs and benefits to all of society, a financial analysis considers private costs and benefits to investors/developers, and a fiscal analysis considers public budget impacts. The document also distinguishes cost-benefit analysis from cost-effectiveness analysis and discusses how environmental impacts are incorporated into an economic analysis but not a financial one.
The document discusses social cost benefit analysis (SCBA) which evaluates the costs and benefits of a project on society as a whole, rather than just on commercial interests. It notes that commercial cost benefit analysis only considers private costs and benefits and does not account for externalities or social impacts. SCBA aims to assign accurate shadow prices to account for market imperfections and externalities. The UNIDO approach to SCBA involves 5 stages - calculating financial profitability at market prices, determining net benefit at shadow prices, adjusting for impacts on savings/investment, income distribution, and merit/demerit goods. Shadow prices reflect the true social value of resources and account for issues like tradability and impact on the national economy.
1. The chapter outlines the methodology used in the study, including the theoretical framework of cost-benefit analysis. Cost-benefit analysis attempts to quantify the total social costs and benefits of a project in monetary terms.
2. The study area is Akure metropolis in Ondo State, Nigeria. Specific fish farms will be studied.
3. The sampling procedure will use purposive sampling to gather information from representative farms.
1. The document describes the methodology used for a study on cost-benefit analysis. It outlines the theoretical framework, study area, sampling procedure, data collection, and methods of data analysis.
2. Cost-benefit analysis compares the total expected costs of a project or decision to the total expected benefits to see if benefits outweigh costs. It is a key tool for project evaluation and investment decisions.
3. The study will use cost-benefit analysis methods like benefit-cost ratio, net present value, and internal rate of return to evaluate the costs and benefits of fish farms in Akure, Nigeria.
Project evaluation and cost benefit analysisMAHONDO JAMES
This document outlines project evaluation and cost-benefit analysis. It discusses:
1. The stages of project evaluation including review, appraisal, recommendation, and evaluation.
2. Methods of evaluation including description, estimation, evaluation, and formulation.
3. Cost-benefit analysis and how it helps decision makers maximize benefits-costs.
4. Criteria for evaluation including net present value, internal rate of return, benefit-cost ratio.
5. How the social rate of discount is used to evaluate projects and allocate resources over time.
1) Social cost benefit analysis evaluates projects from the perspective of their overall impact on society, considering both social costs and social benefits.
2) It aims to assign shadow prices to account for externalities and other market imperfections not captured by commercial cost benefit analysis.
3) The UNIDO approach is a 5 stage process that involves calculating financial profitability, determining net benefits using shadow prices, adjusting for impacts on savings and income distribution, and accounting for merit and demerit goods.
This document discusses project selection and initiation. It begins by outlining the learning outcomes and assessment criteria for Study Unit 2, which includes explaining how projects are identified and selected, developing a project charter, explaining outsourcing projects using requests for proposals, and describing the proposal solicitation process. It then provides information on identifying the source of projects, selecting projects using criteria, developing a project charter, explaining the use of requests for proposals, and fully explaining the solicitation process. The document discusses identifying needs, problems or opportunities; preparing requests for proposals; and selecting projects with the greatest benefit. It also outlines the project selection process and different methods for project evaluation and prioritization, including net present value, internal rate of return, benefit-
Project management involves four key components: selection, planning, implementation, and completion. Project appraisal examines technical, financial, market, economic, and ecological aspects to determine a project's viability. It assesses factors like technology, costs, profits, demand, and environmental impacts. Financial appraisal focuses on costs, financing, income/expenditure, profitability, and pricing. Key financial metrics include net present value, internal rate of return, payback period, and debt service coverage ratio. The document analyzes and compares these metrics across projects A, B, and C to determine that Project C is the best investment option.
The document discusses various capital budgeting techniques. It defines net present value and internal rate of return, and discusses how they can sometimes provide contradictory results. It also provides short notes on certainty equivalent approach and sensitivity analysis, explaining how they handle risk in capital budgeting. Social cost benefit analysis is discussed in the context of evaluating industrial projects. The document also covers other topics like project appraisal under inflation, capital rationing, zero date of a project, simulation analysis, and the key contents of a project report.
This document discusses Social Cost Benefit Analysis (SCBA), which is a tool used to systematically evaluate proposed projects based on their current and future social and economic impacts. SCBA determines the social costs and benefits of a project in monetary terms using shadow pricing to account for externalities. It allows governments and agencies to objectively rank projects and prioritize limited resources to maximize social welfare. The document provides examples of SCBA applications and outlines approaches like the UNIDO and Little-Mirrlees methods for conducting SCBA.
This document discusses economic analysis and its differences from financial analysis. Economic analysis focuses on social costs and benefits, while financial analysis focuses on monetary costs and benefits. There are several sources of discrepancies between the two types of analysis, including market imperfections, externalities, taxes/subsidies, concern for savings vs consumption, and income redistribution. The document then describes two approaches to economic analysis - the UNIDO approach and the Little-Mirrlees approach. The UNIDO approach involves 5 stages including calculating financial feasibility, determining net benefits using economic prices, and adjustments for savings, income redistribution, and merit/demerit goods.
This document discusses cost-benefit analysis for forestry projects. It begins by defining appraisal and outlining the nature of forestry projects, which have long production periods as trees are both the production unit and product. Common objectives of forestry projects include improving economic efficiency, social conditions, stability, and the environment. The stages of cost-benefit analysis are then outlined, including defining the issue, identifying options and costs/benefits, adjusting for future values, assessing risks, distributional impacts, and using techniques like net present value to evaluate projects. Environmental impacts are an important consideration in cost-benefit analysis to account for externalities. Sensitivity analysis is also recommended to assess how sensitive results are to changes in key parameters.
NAP Training Viet Nam - Session 7 Appraising Adaptation OptionsUNDP Climate
This two-day workshop supported the Government of Viet Nam in building the necessary capacity to advance its National Adaptation Plan (NAP) process. The workshop closely focused on building National Adaptation Plans in the agricultural sector through multi-stakeholder collaboration, and increased knowledge and capacity on a number of topics including: prioritization of adaptation options, cost-benefit analysis, overview of the broad-based nature of climate change adaption impacts, analysis of challenges, and creation of an open discussion with key stakeholders on defining a road-map for the NAP process. The workshop was delivered using discussions and case studies to enhance interactive learning for participants, with supporting presentations by GiZ and SNV.
This document provides information on cost-benefit analysis (CBA) and how it can be used to evaluate the economic feasibility of projects. It discusses how CBA works by quantifying and comparing the costs and benefits of a project in monetary terms. A key decision criterion is the benefit-cost ratio (BCR), where a project is acceptable if BCR is greater than 1. The document also outlines limitations of CBA and challenges in applying it to social projects due to difficulties in valuation of certain costs and benefits.
Cost Benefit Analysis in Public Project Appraisal (PPAC)Neil Mathew
This document discusses cost-benefit analysis for public projects. It notes that public projects are difficult to evaluate using traditional financial metrics due to their intangible nature. Cost-benefit analysis is introduced as an alternative method. It involves identifying and valuing in monetary terms all relevant costs and benefits to determine if total benefits exceed total costs. The document outlines the key steps in a cost-benefit analysis, including identifying and categorizing costs and benefits, valuing them using various techniques, and calculating metrics like the benefit-cost ratio to evaluate projects. It provides an example case study of conducting a cost-benefit analysis for constructing a forest road.
The document discusses various aspects of project appraisal, including market appraisal, technical appraisal, financial appraisal, and economic appraisal. It provides details on steps involved in market and demand analysis, sources of secondary information for feasibility studies, and how to determine a project rating index. Key aspects covered include analyzing aggregate future demand, competition, and pricing options for market appraisal, and evaluating costs, profitability, and risk for financial appraisal.
This document discusses the economic evaluation of projects. Economic evaluation assesses the effect of a project on the overall economy, considering benefits and returns from a national perspective. It is important to conduct economic evaluation for large, capital-intensive projects to ensure they provide the greatest economic efficiency and benefit to the country. Economic evaluation involves adjusting financial costs and benefits to account for distortions like subsidies and taxes, and considering externalities, opportunity costs, and social and environmental impacts. Traded goods are priced at border prices while non-traded goods use shadow prices based on conversion factors.
A cost-benefit analysis measures the costs and benefits of a proposed project or action to determine if it is financially viable. It involves specifying the project, quantifying its inputs and outputs, valuing the associated social costs and benefits in monetary terms, and comparing the benefits to the costs. If the benefits outweigh the costs, the project has a positive cost-benefit ratio and is considered financially worthwhile. The analysis is used by governments to evaluate social and economic decisions.
This document discusses how to evaluate public projects and activities using cost-benefit analysis. It provides definitions of public activities and authorities. It classifies public activities into protection, enlightenment & cultural development, and economic benefits. It then describes how to conduct a cost-benefit analysis, including enumerating and quantifying costs and benefits, choosing a discount rate, calculating the benefit-cost ratio, and comparing mutually exclusive projects. The key steps involve identifying and valuing monetary and non-monetary costs and benefits over the project lifetime, discounting future cash flows, and determining if total benefits exceed total costs.
Walmart Business+ and Spark Good for Nonprofits.pdfTechSoup
"Learn about all the ways Walmart supports nonprofit organizations.
You will hear from Liz Willett, the Head of Nonprofits, and hear about what Walmart is doing to help nonprofits, including Walmart Business and Spark Good. Walmart Business+ is a new offer for nonprofits that offers discounts and also streamlines nonprofits order and expense tracking, saving time and money.
The webinar may also give some examples on how nonprofits can best leverage Walmart Business+.
The event will cover the following::
Walmart Business + (https://business.walmart.com/plus) is a new shopping experience for nonprofits, schools, and local business customers that connects an exclusive online shopping experience to stores. Benefits include free delivery and shipping, a 'Spend Analytics” feature, special discounts, deals and tax-exempt shopping.
Special TechSoup offer for a free 180 days membership, and up to $150 in discounts on eligible orders.
Spark Good (walmart.com/sparkgood) is a charitable platform that enables nonprofits to receive donations directly from customers and associates.
Answers about how you can do more with Walmart!"
Main Java[All of the Base Concepts}.docxadhitya5119
This is part 1 of my Java Learning Journey. This Contains Custom methods, classes, constructors, packages, multithreading , try- catch block, finally block and more.
Strategies for Effective Upskilling is a presentation by Chinwendu Peace in a Your Skill Boost Masterclass organisation by the Excellence Foundation for South Sudan on 08th and 09th June 2024 from 1 PM to 3 PM on each day.
How to Setup Warehouse & Location in Odoo 17 InventoryCeline George
In this slide, we'll explore how to set up warehouses and locations in Odoo 17 Inventory. This will help us manage our stock effectively, track inventory levels, and streamline warehouse operations.
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ISO/IEC 27001, ISO/IEC 42001, and GDPR: Best Practices for Implementation and...PECB
Denis is a dynamic and results-driven Chief Information Officer (CIO) with a distinguished career spanning information systems analysis and technical project management. With a proven track record of spearheading the design and delivery of cutting-edge Information Management solutions, he has consistently elevated business operations, streamlined reporting functions, and maximized process efficiency.
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His expertise extends across a diverse spectrum of reporting, database, and web development applications, underpinned by an exceptional grasp of data storage and virtualization technologies. His proficiency in application testing, database administration, and data cleansing ensures seamless execution of complex projects.
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Date: May 29, 2024
Tags: Information Security, ISO/IEC 27001, ISO/IEC 42001, Artificial Intelligence, GDPR
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How to Add Chatter in the odoo 17 ERP ModuleCeline George
In Odoo, the chatter is like a chat tool that helps you work together on records. You can leave notes and track things, making it easier to talk with your team and partners. Inside chatter, all communication history, activity, and changes will be displayed.
1. S U B M I I T E D B Y :
K A R A N S I N G H K H O K H A R
OPERATIONS OF SCBA
(SOCIAL COST BENEFIT
ANALYSIS)
2. STEPS IN THE OPERATION OF SCBA.
The basic steps involved in the operation of SCBA
are as follows:
(A) Identification of all the costs and benefits of the
project over its economic life.
(B) Measurement of costs and benefits.
(C) Determination of social discount rate.
(D) Selection of projects.
3. (A) Identification of all the costs and benefits
of the project over its economic life.
The first basic step in the operation of SCBA is the
development of cost benefit development of cost-benefit
profile of the project. This profile of the project process
involves :
Identification of various parties which will be affected by
the project
Determination of the project
Valuation of the costs and benefits accruing to the
identified parties
Cost and benefits of a project can be divided into three
categories-Primary, secondary and tertiary. These
categories are discussed as
4. (B) Measurement of costs and benefits.
The basic problem in the measurement of costs and benefits is
the development of an ideal sot of prices that reflect the true
value of goods and services cither used as inputs or obtained
as outputs. From SCBA point of view, the prices should also
measure the social impact of the project. Two typos of prices-
market price and shadow price are widely used in project
appraisal method.
As discussed earlier, market prices reflect the commercial
value of the goods and services and not the social values.
Social values of inputs and outputs can be reflected in market
price only in perfectly competitive markets. In actual practice,
however, the imperfections exist in the markets and the truck
values of the goods and services are distorted. Two
approaches arc available for determining the social costs and
benefits of a project -
5. Cont..
(i) The first approach is to devise the prices which
will reflect the true social values of inputs and
outputs. These prices are called shadow prices or
accounting prices.
(ii) The second alternative is to work out the cost
benefit estimates al mercantile prices and then to
apply necessary corrections to those estimates upto
the extent of the imperfections that prevail in the
market.
6. (C) Determination of social discount rate.
As the costs and benefits of a project normally occur at different points of
time, it is essential to convert the future cash flows to their present values
in order to as certain the real worth of the project. Discount rate is used for
the purposes of calculating this time value of money. Discount rate is some
interest rate which expresses the time preference for a particular future
cash flow. For an effective and realistic project appraisal, there should be a
suitable discounting period and a suitable discount rate :
Discounting Period. The discounting period is.generally, the economic life
of a project. Some of the other factors which may be considered for
determining the length of the discounting period are :
Life of Equipment
Technological Changes
Availability of raw materials
Market Stability etc.
7. (D) Selection of projects.
The same criterion as applied in financial profitability
analysis may be used under SCBA. Important tools
suggested for SCBA are NPV, IRR and BCR.
NPV indicates the excess of Social benefits over social
costs discounted at social discount rates Projects with
higher or positive NPV are given preference over others.
BCR is the ratio of gross discounted social benefits to
social costs. Projects with high BCR or with BCR which is
greater than 1 are preferred. IRR is defined as that rate of
discount which equates the aggregate social benefits to
the social costs. Projects with high IRR are generally
preferred.