Cost-benefit analysis

Cost-benefit analysis
Monday 23 November 2020
9:00am to 5:00pm

Via Zoom interactive virtual workshop

Professional & Associate Members $675
Affiliate Members $775
Non Members $875

If you are a NSW public sector employee, then you are eligible for Affiliate membership free of charge. Click here to join.


This course is also available for in-house delivery. For more information please contact the Learning team on 02 8066 1900 or email learning@nsw.ipaa.org.au for a quote.

Course Overview


An introduction to the principles and practice of cost-benefit analysis

This interactive one-day workshop follows the NSW Government guide to cost benefit analysis (CBA) TPP17-03. This workshop considers the steps in undertaking a CBA and through practical application establishes how to identify and forecast costs and benefits, how to value them and how to identify associated qualitative factors. It will also consider how to assess the risks, test sensitivities of a CBA and establish how to report the results.

It is a stand-alone course that is also designed to complement the "Develop an effective business case" workshop.

  • Gain a better understanding of basic finance and accounting principles
  • Strengthen your ability in budget and financial management
  • Increase your ability in budget planning including the cost-benefit analyses of various options.

Learning Outcomes


  • How to Establish the Objectives and Outcomes of The Initiative
  • Understand the Role of Options Development In CBA
  • Ways to Identify and Classify Costs and Benefits Including Qualitative Factors and Distributional Impacts
  • How to Assess Net Benefits Utilising Net Present Value (NPV) And Benefit Cost Ratio (BCR)
  • Understand the Role of Post Evaluation and How to Set It Up for Success.


Benefits to your organisation

  • Staff will have a better understanding of cost-benefit analysis
  • Increased awareness of how cost-benefit analysis is applied across NSW public sector
  • Staff can better identify and plan for risks

Benefits to you

  • Understanding of CBA principles and practice
  • Ability to identify the plan for risks
  • Ability to present a more compelling proposal

ZOOM Virtual Classroom

Our virtual classroom consists of a facilitator teaching the class to students who are dialled in remotely to the class session. Presentation slides and other digital files can be presented during the training session using the Zoom platform and the student may either focus on these resources or the facilitator. 

To enable connection, you will require the following set-up:

- Sufficient internet connection – Zoom is successful on a 4G network. Any network better than 4G will enhance the student’s experience;
- A PC with a web-camera, microphone and the capacity to run the Zoom application to allow the facilitator to better interact with students in the same manner as a traditional classroom; and
- Sufficient sized monitor or screen


NSW Public Sector Framework Capabilities


This course is targeted at Adept to Advanced level. The following behaviours from the framework are covered:

Results: Think and Solve Problems

  • Work through issues, weigh up and identify the most effective solutions
  • Take account of the wider business context when considering options to resolve issues
  • Explore a range of possibilities and creative alternatives to contribute to systems, process and business improvements

Business Enablers: Finance

  • Make decisions and prepare business cases paying due regard to financial considerations
  • Identify and analyse trends, review data and evaluate business options to ensure business cases are financially sound

Course Materials


All course materials (including the workbooks) will be made available through our digital learning space, Illuminate. Your Illuminate access details will be provided 7 days prior to the course date.

Enquiries: For more information on our learning programs, please contact the IPAA NSW Learning Team on 02 8066 1900 or email learning@nsw.ipaa.org.au.
When
23/11/2020 9:00 AM - 5:00 PM
Where
Via Zoom NSW AUSTRALIA
 

Terms and Conditions
Payments

Payment is required prior to attending the event or course. Please contact an IPAA NSW staff member if an exception is required.

Payments - Online Events

If you have an outstanding invoice for the event, you will not receive a link to the live event. 

Online Events

Only people registered to the event can access the content. Do not share login details with people who have not registered to the event

Cancellation policy - Events
  • Cancellation must be in writing and confirmed by an IPAA NSW staff member
  • Cancellation received more than 10 business days prior to the event – no penalty will be incurred
  • Cancellation received within 6-10 business days of the event – 50% of the fee is payable
  • Cancellation received less than 6 business days prior to the event – 100% of the fee is payable
  • No show – 100% of the fee is payable
  • Registrations received less than 6 business days prior to the event are non-refundable.
Cancellation policy - Scheduled Courses
  • Cancellation must be in writing and confirmed by an IPAA NSW staff member
  • Cancellation received more than 10 business days prior to the start date – no penalty will be incurred
  • Cancellation received within 6-10 business days of the start date – 50% of the fee is payable
  • Cancellation received less than 6 business days prior to the start date – 100% of the fee is payable
  • No show – 100% of the fee is payable
  • Registrations received less than 6 business days prior to the start date are non-refundable.
Cancellation policy - Self-paced Courses
  • Cancellations are not permitted.

Note: If you do not cancel and do not attend and event or course, 100% of the fee must be paid.

Transfer policy - Events
  • All requests for transfers must be in writing
  • Substitute nominees may attend in your place where deemed appropriate; however, if a member wishes to substitute a non-member in their place the full fee will be payable.
Transfer policy - Scheduled Courses
  • All requests for transfers must be in writing
  • Your course registration can be transferred to another course without penalty if requested more than 10 business days prior to the course start date. Otherwise, the above cancellation policy applies. Transfers can only be requested when the course fee has been paid in full.
  • Transferring your registration to another person can be done at any time without penalty if nominee details are provided within a minimum of 2 business days prior to the course start date. Transferring from a member to a non-member will result in a fee increase in line with the non-member course fee.
Transfer policy - Self-paced Courses 
  • Transfers to another course are not allowed for self-paced courses.
We may in our discretion waive cancellation charges in exceptional circumstances, but we will not waive cancellation charges on account of work commitments.

Program Changes

IPAA NSW reserves the right to change programs/speakers/venue, or to cancel programs if the enrolment criteria are not met or when conditions beyond our control prevail. All registrants will be notified in the event of cancellation and their registration fee will be refunded.

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