Cost-benefit analysis

Cost-benefit analysis
To enrol into this course please navigate to the Upcoming courses page on the IPAA NSW website and search to see if the course is available. If there are no available courses please contact the IPAA NSW Learning team on 02 8066 1900 or email learning@nsw.ipaa.org.au



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

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

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.
Where
NSW AUSTRALIA
 

Terms and Conditions
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.

Payments

Payment must be made either in full online at the time of confirming purchase or 14 days from the date of the invoice.
Payment is required prior to attending the event or course. 

Payments - Online Events

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

Cancellation policy - Events
  • Cancellation must be in writing
  • Cancellation received more than 10 business days prior to the event running — no penalty will be incurred
  • Cancellation received within 5–10 business days prior to the event running — 50% of the event fee will be payable
  • Cancellation received within 1–5 business days prior to the event running — 100% of the event fee will be payable.
Cancellation policy - Scheduled Courses
  • Cancellation must be in writing
  • Cancellation received more than 10 business days prior to the course start date — no penalty will be incurred
  • Cancellation received within 7–10 business days prior to the event running — 50% of the event fee will be payable
  • Cancellation received within 1–6 business days prior to the event running — 100% of the event fee will be payable.
Cancellation policy - Self-paced Courses
  • Cancellations are not permitted.

Note: If you do not cancel and do not attend, 100% of the event 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, provided that nominee details are provided within a minimum of 2 business days before course/event start date; however, if a member wishes to substitute a non-member in their place the full fee will be payable.
Transfer policy - Self-paced Courses 
  • Transfers to another course are not allowed for self-paced courses.
Penalties may be waived in exceptional circumstances, work commitments do not count as exceptional circumstances.

Program Changes

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


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