Date and time: Tuesday 4th June 2019, 9am to 5pm (registration from 8.30am)
Location: Mariner A room at Adina Apartment Hotel Sydney Darling Harbour, Ground Floor, 55 Shelley Street, Sydney, NSW, 2000
Facilitator: David Marchant
Register online by: 28 May 2019
Fees (GST inclusive): Members $440, Non-members $605, Student member $220, Student non-member $302.50
Purpose of Workshop
Cost-benefit analysis (CBA) is an appraisal and economic evaluation technique that considers the economic, social, and environmental impacts of different projects, programs, and policies, in quantifiable and monetary terms.
Widely used as an ex-ante (forward-looking) technique for appraising options and informing social decision-making, CBA is becoming increasingly important in ex-post (after the event) economic evaluation.
In NSW, agencies are now expected to prioritise evaluation of programs at the 4 and 3 scale using components of process, outcome and economic evaluation to maximise insights (with CBA the preferred method of economic evaluation) and, as NSW transitions to outcome budgeting, CBA will become a central element in evidence-based outcome measurement.
This interactive and practical one-day workshop, which has been designed specifically for evaluators (and assumes no prior knowledge of cost-benefit analysis nor economics) will provide evaluators with an understanding of CBA, explain how CBA can and should be used in evaluation, and provide practical guidance for undertaking a CBA.
Learning outcomes will include increased understanding of:
- The role of CBA in evaluation
- When and why an evaluator would use CBA
- Key concepts in CBA
- How to undertake a CBA
- Practical issues and challenges associated with undertaking a CBA
- How to review or interpret a CBA
This workshop aligns with competencies in the AES Evaluator’s Professional Learning Competency Framework. The identified domains are:
- Domain 1 – Evaluative attitude and professional practice
- Domain 2 – Evaluation theory
- Domain 4 – Research methods and systematic inquiry
Who should attend?
Evaluators who want to develop their understanding of CBA and evaluators who may need to commission, undertake, or review/interpret a CBA in the future.
About the facilitator
David Marchant is an accredited facilitator and the Managing Director of Inform Economics (www.informeconomics.com), specialist practitioners in the development and preparation of cost-benefit analyses.
Over recent years, Inform Economics have developed many cost-benefit analyses across a wide range of government sectors including health, disability, environment, fire & emergency management, government services, workplace safety, tourism, and events.