Transport Investment Appraisal - European research and practice
Tuesday 16 and Wednesday 17 February 2010, 9am to 5pm
The aim of this short course is to give an overview of the application of cost benefit analysis to transport investment appraisal, drawing particularly on recent developments in European research and practice.
Key topics to be covered are as follows:
- Principles of project appraisal, financial appraisal and cost-benefit analysis
- Decision criteria, choice of discount rate; choice between alternative options; capital rationing; deferment;
- Valuation of costs and benefits: travel time; user benefits; safety and environmental impacts
- Wider economic benefits
- Particular issues of public transport project appraisal
- Examples - urban rail; high speed rail
- Conclusions - key problems in appraisal and how to avoid them!
Presented by: Professor Chris Nash, Research Professor, Institute for Transport Studies, University of Leeds, UK
Fee: $500 GST exempt (includes lunches and refreshments for both days)