This is the third assessment and it builds on the earlier work, which i will upload in additional files.You are required to prepare a Cost Benefit Report which demonstrates, by application, your understanding of the practical issues involved in preparing a professional evaluation of the project.It should begin with a description of the project including objectives, existing situation and alternatives. The source of all the data used should be clearly indicated. The basis of any estimates or synthetic (made up) data should be explained (However you should place complex explanations in an Appendix) Cost benefit techniques such as non-market valuation, discounting, sensitivity analysis, distributional impacts, and decision rules should all be used and explained where appropriate.Particular emphasis should be placed on justifying the costs and benefits that you include and explaining the valuation techniques used. The quantification of the value of the economic impact (cost or benefit) should be justified by explaining the method of valuation of that impact. the Tennant Creek Dam examples can be used as a good guide to the content and format of the report? Your report should include explanations of why certain techniques were used including consideration of their strengths and weaknesses.

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Posted on May 3, 2016Author TutorCategories Question, Questions