Share Description
In this course, you will learn:
- Use fundamental engineering economics tools to assess significant infrastructure projects.
- Recognize when to supplement this fundamental analysis with more advanced methods.
- Examine the methodology used to assess common infrastructure projects.
- Understand a variety of project types relevant to Civil and Environmental Engineering and allied industries.
- Understand how project performance can be measured and improved.
- Understand the importance of uncertainty in project appraisal.
- Perform an end-to-end project evaluation.
Syllabus:
- Money-time relationships and equivalence
- Categories of benefits and costs
- Estimating benefits and costs
- Cash flows
- Calculating net present value
- Benefit-cost analysis (BCA)
- Comparing alternatives
- Public vs. private perspectives on comparing alternatives
- Economic vs. financial analysis
- Methods of depreciation relation to taxes
- Multi-stakeholder analysis
- Multi-attribute analysis
- Dealing with uncertainty
- Project finance, including public/private partnerships (PPP)
- Risk analysis & management tools
- Real options and flexibility
- Decision-making under uncertainty
- Stakeholder analysis/evaluative complexity
