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This course will provide a comprehensive grounding in the latest business case appraisal approaches for transport projects. It will introduce the five cases that make up a transport business case: the Strategic, Economic, Commercial, Financial and Management Cases. It will highlight current guidance in WebTAG and HM Treasury’s "Green Book" on Appraisal and Evaluation and provide an understanding of the key concepts used in appraisal.
Following an overview of the entire scheme appraisal process on day one, the second day will focus on the economic case and the principles, tools and techniques used in economic appraisal, including cost-benefit analysis, discounting and presentation of results. The course will be delivered through a combination of presentations and workshops.
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