Cost-benefit analysis as a tool for decision making in environmental projects

2004 ◽  
Vol 11 (5) ◽  
pp. 307-312 ◽  
Author(s):  
Gerard Fuster ◽  
Marta Schuhmacher ◽  
José L. Domingo
Keyword(s):  
Decision Making ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Benefit Analysis ◽  
Environmental Projects

scholarly journals A Methodological Framework for Sustainable Office Building Renovation Using Green Building Rating Systems and Cost-Benefit Analysis

2020 ◽  
Vol 12 (15) ◽  
pp. 6156
Author(s):  
Nataša Šuman ◽  
Mojca Marinič ◽  
Milan Kuhta
Keyword(s):  
Decision Making ◽  
Sustainable Development ◽  
Cost Benefit Analysis ◽  
Early Stage ◽  
Cost Benefit ◽  
Green Building ◽  
Office Buildings ◽  
Office Building ◽  
Rating System ◽  
Benefit Analysis

Sustainable development is a priority for the future of our society. Sustainable development is of particular importance to the Architecture, Engineering, and Construction (AEC) industry, both for new buildings and for the renovation of existing buildings. Great potential for sustainable development lies in the renovation of existing office buildings. This paper introduces a new framework for identifying the best set of renovation strategies for existing office buildings. The framework applies selected green building rating system criteria and cost-effective sustainable renovation solutions based on cost-benefit analysis (CBA), and thus provides a novelty in decision-making support for the sustainable renovation of office buildings at an early-stage. The framework covers all necessary steps and activities including data collection, determination of the required level of renovation, selection of the green building rating system, identification of impact categories and criteria, and final evaluation and decision-making using CBA. The framework can be used in conjunction with different systems and according to different regional characteristics. The applicability of the addressing procedure is shown through a case study of a comprehensive renovation of an office building in the city of Maribor.

STAKEHOLDERS, SPATIAL LOCATIONS AND TIME HORIZONS IN AN EXTENDED SOCIAL COST-BENEFIT ANALYSIS: A CASE OF PIPALPANKHA WATER RESOURCE PROJECT

2009 ◽  
Vol 11 (02) ◽  
pp. 245-265 ◽  
Author(s):  
P. RAM BABU ◽  
NALLATHIGA RAMAKRISHNA
Keyword(s):  
Decision Making ◽  
Water Resource ◽  
Social Cost ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Development Project ◽  
Development Projects ◽  
Benefit Analysis ◽  
Time Horizons ◽  
Spatial Locations

Cost-Benefit Analysis (CBA) has been serving as an important tool for decision making with regard to the development projects involving large investments. The Social Cost-Benefit Analysis (SCBA) is an extension of the CBA to certain social impacts, which hitherto were not measured. As the impacts of development projects on ecology and environment assumed importance, measuring the corresponding costs and benefits also began to assume significance. With the advancement in economic valuation techniques over time, measurement could be done and the framework of SCBA has been extended to incorporate the same. Moreover, unlike the CBAs, which do not account for the distributional aspects, the SCBA can potentially account for these. This paper presents a case study of extending the SCBA framework to include social and environmental impacts of a large water resource development project in India. It emphasises the distribution of project benefits and costs over stakeholders, spatial locations and time horizons so as to demonstrate the utility of extended SCBA in project decision making. It is observed that both the numeraire measure i.e. cost-benefit ratio, as well as the distributional analysis present a favourable case for the project.

scholarly journals Towards systematic planning of small-scale hydrological intervention-based research

2016 ◽  
Vol 20 (10) ◽  
pp. 4093-4115 ◽  
Author(s):  
Kharis Erasta Reza Pramana ◽  
Maurits Willem Ertsen
Keyword(s):  
Decision Making ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Human Agency ◽  
Small Scale ◽  
Benefit Analysis ◽  
Water Development ◽  
Systematic Planning ◽  
Development Initiatives ◽  
Hydrological Intervention

Abstract. Many small-scale water development initiatives are accompanied by hydrological research to study either the form of the intervention or its impacts. Humans influence both the development of intervention and research, and thus one needs to take human agency into account. This paper focuses on the effects of human actions in the development of the intervention and its associated hydrological research, as hydrological research is often designed without adequate consideration of how to account for human agency and that these effects have not yet been discussed explicitly in a systematic way. In this paper, we propose a systematic planning for hydrological research, based on evaluating three hydrological research efforts targeting small-scale water development initiatives in Vietnam, Kenya, and Indonesia. The main purpose of the three cases was to understand the functioning of interventions in their hydrological contexts. Aiming for better decision-making on hydrological research in small-scale water intervention initiatives, we propose two analysis steps, including (1) consideration of possible surprises and possible actions and (2) cost–benefit analysis. By performing the two analyses continuously throughout small-scale hydrological intervention-based initiatives, effective hydrological research can be achieved.

Problems of decision making for a sustainable development

1998 ◽  
Vol 38 (11) ◽  
pp. 31-39 ◽  
Author(s):  
W. Rauch
Keyword(s):  
Decision Making ◽  
Sustainable Development ◽  
Optimal Strategy ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
The Other ◽  
Benefit Analysis ◽  
Lake Region ◽  
Environmental Interactions ◽  
Overall Performance

Current environmental policy guidelines are mainly based on cost-benefit analysis and concerned with the restriction of emissions. Sustainable development, on the other hand, is focusing on determining the optimal strategy for the overall performance of both the environment and the socio-economic system. This paper highlights some of the basic problems when developing strategies with the above aim in mind. The implications for decision making are investigated by means of a fictitious model of the economical and environmental interactions in a lake region.

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