Date and time: Tuesday 4th August AND Tuesday 11th August 2020, 9.30am to 12.30pm AEST (registration from 9.15am) Registrants are to attend both sessions.
Venue: Via Zoom. Details will be emailed to registrants just prior to the workshop start time
Facilitator: David Marchant
Register online by: 30 July 2020. Spaces limited to 24 participants from Australia and NZ and international AES members
Fees (GST inclusive): Members $260, Non-members $425, Student member $125, Student non-member $210*
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.
For example, 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.
Across state and territory governments, CBA is the preferred method of economic assessment.
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.
Workshop start times
- Victoria, NSW, ACT, QLD, TAS: 9.30am
- SA, NT: 9.00am
- Perth: 7.30am
- New Zealand: 11.30am
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.