benefit cost analysis and other decision making metrics

... Q0) in a social benefit- cost analysis? Project Analysis: use P1 Private Analysis: use P1 Efficiency Analysis: use (P0+P1)/2 Referent Group Analysis: calculate the aggregate net benefits in the ... firms and it nets out in the efficiency benefit- cost analysis Suppose that the fall in product price is not matched by a fall in production cost. What is the effect on aggregate referent group benefits ... net benefits are the same as RG net benefits, and hence RG net benefits fall The reason for the fall is the lower value placed on the extra output produced by the project The social benefit- cost...

Ngày tải lên: 16/03/2014, 01:20

... Valuing Traded and Non-traded Goods in Social Benefit- Cost Analysis When we a benefit- cost analysis, we have to value a range of commodities which are ... wage (i.e the opportunity cost of kina worth of labour is kina) Perform a social benefit cost analysis of this project, using the UNIDO and LM methods Figure 8.2 The UNIDO and LM Approaches to Project ... opportunity cost of the project is unit of food and the benefit is 0.5 units of clothing The project breaks even because the benefit (0.5 units of clothing) has the same value as the cost (1 unit...

Ngày tải lên: 16/03/2014, 01:20

... analysis: all benefits and costs evaluated at market prices • Private analysis: benefits and costs to the private equity holder • Efficiency analysis: all benefits and costs evaluated at efficiency ... Benefit- Cost Analysis “A systematic framework for economic appraisal of proposed public and private projects from a public interest point of view” – based on Benefit- Cost Analysis: ... analyst might “recommend” the project, it is up to the decision- maker to decide Benefit- cost analysis is intended to supplement the decision- making process, not to supplant it What we mean by the...

Ngày tải lên: 20/11/2014, 17:52

... Private Benefit- Cost Analysis Deriving ‘Project’ and ‘Private’ cash flows: • Project cash flow refers to cash flow for the overall ... and Non-Referent Group Net Benefits Distribution of Project Benefits A (referent group net benefits) i Government ii Local Private firm B (non-referent group net benefits) i Lenders (eg foreign ... change the IRR on equity, given the Project IRR and IRR on debt An Example of Gearing • Assume debt:equity is $60:$40 • Assume Project IRR = 10%, and, cost of debt = 5% – What is the IRR on equity?...

Ngày tải lên: 20/11/2014, 17:52

... world is also di⁄cult and expensive making for partial and imperfect information for decision making Rational decision makers capable of making perfectly rational decisions and precise economic ... time and uncertainty into decision making Decision trees Attitudes to risk and uncertainty Case Study 3.1 UK Lottery and risk-loving behaviour Indi¡erence curve analysis of risk and return Decision ... help you understand the di¡erence between risk and uncertainty, on the one hand, and how businesses adjust cost and revenue streams when faced with uncertain outcomes, on the other At the end...

Ngày tải lên: 13/12/2013, 11:33

... employment benefits, rents, pollution costs etc What is the standard methodology? The efficiency benefit- cost analysis is based on the “with and without” approach Figure 1.1: The “With and Without” ... the project) The distribution of net benefits is not relevant in efficiency benefit- cost analysis • the project net benefit, as measured by the efficiency analysis, will accrue to various groups ... Efficiency Benefit- Cost Analysis • Deals with the overall net benefits of the project irrespective of who gains and loses • Measures the economic efficiency of the project: if net benefit is...

Ngày tải lên: 16/03/2014, 01:20

... referent group benefits are relevant, why bother to calculate efficiency net benefit? • Efficiency net benefit is the aggregate net benefit for the project as a whole, using opportunity cost as efficiency ... example: - employment benefits - indirect tax revenue changes - pollution costs etc Four-way Classification of Net Benefits Figure 6.1: Classification of Net Benefits Net benefits accruing to: ... Project Net Benefits Distribution of Efficiency Benefits Other Important Issues • Weighting of net benefits to different stakeholders • Choice of discount rate • Treatment of risk and uncertainty...

Ngày tải lên: 16/03/2014, 01:20

... design of the study and writing of the manuscript MHH, IMI, NN, MA, SST, and HEG assembled the data and performed the statistical analysis WFA, SEA and SGW designed the study and assembled the ... situation Roland et al (2000) emphasize that women undergoing MT with breast reconstruction and BCT are more likely to be highly educated [45] On the other hand illiterates may leave the decision ... lack of radiotherapy facilities prevents the use of BCT [60] The patients' level of education, fear of recurrence, partner support and other factors may affect the surgical decision making Our...

Ngày tải lên: 09/08/2014, 04:21

Ngày tải lên: 14/08/2014, 11:21

... to integrate and align the decision- making process with longterm organizational strategic objectives and near-term organizational needs If handled systematically, the BPO analysis and selection ... the project timeline, agreed to a cost increase of $7,000 to allow for additional analysis and better interface design, and dedicated internal Life Time analysis and user interface experts to guide ... low costs Type Processes with high costs and low productivity are always good candidates for outsourcing In this type, the process also has high mission criticality, making the outsourcing decision...

Ngày tải lên: 14/08/2014, 11:21

... analysis methodology and clear recommendations CHAPTER Identify and Manage the Costs of BPO There are risks and costs to a program of action But they are far less than the long-range risks and ... the outsourcing decision In this chapter we analyze the costs of BPO in two primary areas of concern: financial costs and strategic costs The financial costs of BPO are the hard costs associated ... Develop Contract Mitigates Hidden Costs Transition Opportunity Costs Operate TOTAL COST MANAGEMENT Identify and Manage the Costs of BPO 73 FINANCIAL COSTS The financial costs associated with BPO are...

Ngày tải lên: 14/08/2014, 11:21

... vendor will cut and paste material from another proposal and simply insert it in the current one Although this practice is understandable and acceptable to an extent, an excessively cut -and- pasted ... include standard items such as experience, price, and location The qualification list may also include more strategic items such as the vendor’s organizational culture, decision- making style, and reputation ... large investment of personal time and other resources is exceedingly difficult However, sound business decision making sometimes requires firms to cut their losses and move on In this case, if none...

Ngày tải lên: 14/08/2014, 11:21

... management plan is to establish and identify roles and role players from each organization—buyer and vendor These roles and role players will be responsible for project outcomes and accountable to the ... PMT and/ or BPO Champion BAT VST are responsible for maintaining contacts between the team and other organizational units, to ensure appropriate communications are occurring, and to detect and ... allows for increased risk sharing, it may also create misunderstandings if and when costs exceed expectations, especially if scope and accountability are poorly defined Many BPO buyers opt for...

Ngày tải lên: 14/08/2014, 11:21

... each of these can be managed A thorough analysis of the costs of a BPO project will include projected job losses and job shifts, and the cost of outplacement and/ or retraining services Many firms ... for the exit, others will cower and hope for the best, others will fight, and some will simply deny reality Each of these reactions to the prospect of outsourcing must be managed and, the good ... parties to respect each other s roles and responsibilities and to operate within the confines of a mature, communicative, and trusting project management plan It is worth the time and investment on...

Ngày tải lên: 14/08/2014, 11:21

... the integration cost burden to the vendor Integrating cultures, work styles, and policies and procedures is a less specific science and will pose difficult challenges for BPO buyer and vendor alike ... challenges—which focus on getting the buyer and vendor systems to communicate with one another— another important challenge concerns data and information distribution and publishing During the operating ... data and information That information needs to be distributed to relevant databases and published to relevant screens for others in both the buyer and vendor or- Infrastructure Considerations and...

Ngày tải lên: 14/08/2014, 11:21

... and computer hackers, abound Offshore outsourcing presents different and in some cases more potent threats than the domestic variety Legal standards and business practices governing whether and ... business needs and identifies data security issues Writes and maintains internal data security policies and procedures Defines structure for logon IDs and access rules Approves logon IDs and access ... Disaster Recovery Scope and Definition: The outsourcer shall develop and implement a plan for the prevention and mitigation of business interruptions due to natural and other causes The outsourcer...

Ngày tải lên: 14/08/2014, 11:21

... 154–171 and assets, 158 and corporate culture, 158–159 costs of, 78 depth/breadth of, 82, 157 interpersonal, 164–165 and PMT changes, 163 and problem identification/resolution, 163–164 and profit, ... potential for BPO, 209–221 and education, 217–218 and global business environment, 210–211 and global economics, 213–215 and global workers, 215–217 and politics, 212–213 Index and strategy/competitiveness, ... Marks and Philip H Mirvis, Making Mergers and Acquisitions Work: Strategic and Psychological Preparation,” Academy of Management Executive (May 2001), pp 80–94 Mario Apicella, “Shaking Hands...

Ngày tải lên: 14/08/2014, 11:21

Ngày tải lên: 20/11/2014, 13:46

... employment benefits, rents, pollution costs etc What is the standard methodology? The efficiency benefit- cost analysis is based on the “with and without” approach Figure 1.1: The “With and Without” ... the project) The distribution of net benefits is not relevant in efficiency benefit- cost analysis • the project net benefit, as measured by the efficiency analysis, will accrue to various groups ... Efficiency Benefit- Cost Analysis • Deals with the overall net benefits of the project irrespective of who gains and loses • Measures the economic efficiency of the project: if net benefit is...

Ngày tải lên: 20/11/2014, 17:51