Dezvoltarea capacităţii pentru Analiză Cost – Beneficiu - Extins

The general objective is to contribute to the improvement of the tools useful for making decisions on the necessity and the opportunity to finance investment projects from structural instruments, and to develop the capacity in this field.

The specific objectives  are the following:

• to assess the efficiency and effectiveness of the practice of using CBA in selecting projects financed through structural instruments,especially for the projects under the thresholds established at national level and to identify elements which would lead to the improvement of this practice;
• to provide assistance to address the identified weaknesses, including proposing alternative methods for assessing the fiability of the proposed investment projects;
• to facilitate the improvement of the knowledge in the field of the involved stakeholders.

Financing source: project financed from the European Regional Development Fund through the Operational Program for Technical Assistance.

The expected results are the following:

• An assessment report on the efficiency and effectiveness of the CBA practice;
• 10 papers/ case studies on topics which require clarifications;
  • Cost-benefit analysis and other assessment methods for the projects financed from ERDF and CF
  • The role of performance indicators in project selection/ approval
  • Definition and calculation of residual value in the cost-benefit analysis of investment projects from ERDF and CF
  • Costs included in the cost-benefit analysis of investment projects from ERDF and CF
  • Benefits quantified in the cost-benefit analysis of investment projects from ERDF and CF
  • Conversion factors in the cost-benefit analysis of investment projects from ERDF and CF
  • Recommendations on externalities to be considered in the cost-benefit analysis of investment projects from ERDF and CF
  • Identification and definition of technical-economic scenarios and options in the cost-benefit analysis of investment projects from ERDF and CF
  • Elaboration of the sensitivity analysis in the cost-benefit analysis of investment projects from ERDF and CF
  • Elaboration of the risk analysis in the cost-benefit analysis of investment projects from ERDF and CF
• Two handbooks on Cost-Effectiveness Analysis and Multi-criteria Analysis;
• A study on the financial and economic discount rates (Executive summary);
• A study on the internal rate of return;
• The EU CBA Guide, translated in Romanian;
• 300 participants to a training program;
• 8 workshops on evaluation and selection of projects.

Implementation periods:  10th of December 2010- 10th of May 2012