Course Overview

Cost-benefit analysis is the exercise of evaluating a planned action by determining what net value it will have for the company. Basically, a cost-benefit analysis finds, quantifies, and adds all the positive factors. These are the benefits. Then it identifies, quantifies, and subtracts all the negatives, the costs. The difference between the two indicates whether the planned action is advisable. The real key to doing a successful cost-benefit analysis is making sure to include all the costs and all the benefits and properly quantify them. It is the fundamental assessment behind virtually every business decision, due to the simple fact that business managers do not want to spend money unless the benefits that derive from the expenditure are expected to exceed the costs. As companies increasingly seek to cut costs and improve productivity, cost-benefit analysis has become a valuable tool for evaluating a wide range of business opportunities, such as major purchases, organizational changes, and expansions.

Training DurationTotal Training Hours : 30 Hours
Training Duration : 1 Week
Total Training Days : 5 Working Days
Training SchedulesWeekdays (Sunday to Thursday)
Regular Sessions : 6 Hrs Per day (9am to 2pm or 3.00pm to 9.00 pm)
Food & refreshments Included

WeekEnds (Friday & Saturday)
Fast Track Sessions: 8 Hours per day (9am to 5pm)
Food & refreshments Included
Certifications:1) Certificate from Laurels Training Institute, Attested by Knowledge & Human Development Authority (KHDA) government of Dubai, UAE

2) Certificate from American Institute of Professional Studies (AIPS) from USA (After 15 Days of course Completion which will couriered to the attendees office address)
Learning AidsYes
Course MaterialHard & Soft Copies of Study Material
Language of InstructionEnglish
Instructor HelplineYes
1. Email
2. Social Media (For Emergency requirements)
Registration Requirements1. Passport Copy
2. Curriculum Vitae
3. Passport size photographs
4. Course Fee
Mode of Payment:Cash / Cheque / Credit Card / Bank Transfer.
Eligibility Criteria
(Who should attend this training)

Business Analysts, Project Managers, Project Directors, Project Team Leaders, Product Managers, IT Project Directors, Sr. Managers, and other team members involved in the following areas: process management, business analysis, strategy and more

Course Benefits

Key benefits of attending include:

A formal understating of the key principles of cost-benefit analysis

Methods for quantifying costs and benefits

Expertise in dealing with risk and uncertainty

A practical example of building a simple cost benefit model

Exploration of the value of non-market impacts
Course Contents / Outline

Importance of  policy-makers and link to Impact Assessment

Importance of regulated utilities and infrastructure investment

Defining the baseline

Identifying costs and benefits

Transfers and distributional impacts

Using market prices to value impacts

Taking account of inflation and relative price changes


How to discount future impacts

What discount rate to use

The importance of thinking about risk and uncertainty

Scenario and sensitivity analysis

Monte Carlo analysis

Real options

Challenges in quantifying costs and benefits

Methods of collecting data and analysing impacts

Stakeholder engagement

Market research

Behavioural experiments

Statistical analysis

Case studies


Assessing the additionality of impacts

Adjusting for optimism bias

Why non-market impacts are important

Techniques for valuing non-market impacts

Using existing valuations

Stated preference

Revealed preference

Examples of how to value non-market impacts

Time savings

Carbon impacts

Other environmental impacts (e.g. noise, amenity)

Health impacts

Safety impacts
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