How Long to Read Basic Cost Benefit Analysis for Assessing Local Public Projects

How Long Does it Take to Read Basic Cost Benefit Analysis for Assessing Local Public Projects?

It takes the average reader to read Basic Cost Benefit Analysis for Assessing Local Public Projects by Barry P. Keating

Assuming a reading speed of 250 words per minute. Learn more

Description

Cost benefit analysis (CBA) is often expected or required for government projects. On the state and local level, the technique is useful for assessing the worthiness of a specific policy proposal. The accounting and analysis of large-scale technical projects require specialized training; in this manual, we offer a nontheoretical introduction to CBA, accessible to readers without an advanced statistical or economic background. The book is designed as a how-to primer in the basics of CBA for local officials who actually evaluate proposals or merely interpret reports using CBA. A Reference List is provided for further study. There is a critical need for officials and the general public to question assumptions, biases, and omissions in proposals submitted by those advocating for certain projects. Tax revenue is limited and government debt at some point becomes unsustainable. CBA is rooted in and has little or no value apart from the economic concepts of cost and resource efficiency, but our goal here is not to stress underlying economic theory. Rather, this manual is designed to explain the correct use and interpretation of CBA, pointing out CBA's limitations and pitfalls. Properly employed, CBA is simply a method for assessing a proposal prior to a collective-choice decision. The CBA process uncovers and measures the intensity of values that residents place on certain services. It attempts to measure net benefits to be derived from a specific proposal relative to an alternative project or the default option of doing nothing. Because standard statistical packages, spreadsheets, and graphical analyses are now generally available, CBA, as a tool, has become more accessible for small projects on a local level. Case studies, presented in the final chapters of this book, represent typical proposals confronted by local officials. Included are instructions for using computer spreadsheets to build basic cost benefit models and an Appendix on the step-by-step process for discounting future costs and benefits. Completing this book will allow a student or local government decision maker to understand and construct a simple CBA model. They will also be able to evaluate more extensive CBA models for accuracy and shortcomings.

How long is Basic Cost Benefit Analysis for Assessing Local Public Projects?

Basic Cost Benefit Analysis for Assessing Local Public Projects by Barry P. Keating is 0 pages long, and a total of 0 words.

This makes it 0% the length of the average book. It also has 0% more words than the average book.

How Long Does it Take to Read Basic Cost Benefit Analysis for Assessing Local Public Projects Aloud?

The average oral reading speed is 183 words per minute. This means it takes to read Basic Cost Benefit Analysis for Assessing Local Public Projects aloud.

What Reading Level is Basic Cost Benefit Analysis for Assessing Local Public Projects?

Basic Cost Benefit Analysis for Assessing Local Public Projects is suitable for students ages 2 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Basic Cost Benefit Analysis for Assessing Local Public Projects?

Basic Cost Benefit Analysis for Assessing Local Public Projects by Barry P. Keating is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

To buy Basic Cost Benefit Analysis for Assessing Local Public Projects by Barry P. Keating on Amazon click the button below.