As we rush towards possibly environmentally damaging projects or other get-someone-rich-quick schemes we need to make sure we are doing so with our eyes wide open. Cost Benefit Analysis reduces all dimensions of a decision – people, planet, profits – to one: net welfare. Are we, as a group, better off? This well-established and standardized approach needs to be used much more to guide us in our project and policy decisions. CBA values society’s best interests, the public interest.
Two big trends will dominate the future for architects, engineers, and planners.
One of questions we at Autocase get most frequently is “where does that number come from?” Here’s how to drill-down into the results.
TBL-CBA can shine a light into who benefits and who doesn’t. While its probably too much to ask the Vogons to use it, it is not over the top to ask our governments to.
The City of San Antonio’s “SA Tomorrow” comprehensive plan identifies place types, goals and objectives that benefit people, planet, and profit. The Recommended scenario provided over $60 million in social and environmental benefits associated with flood risk, heat mortality, and water quality while reducing grey infrastructure costs.
How an Arizona County Quantified the Business Case for Two Green Infrastructure Development Sites—and Got the Go-Ahead for Even More
The City of Phoenix Green Infrastructure Cost-Benefit Study is now available online. You can access the report here. Given the importance of heat stress in Phoenix, instead of using historical temperatures Autocase incorporated future climate change in to its...
For the first time in 30 years at the end of June, AIA's annual Conference on Architecture was held in New York City. A team from Autocase was there learning about the sustainability and resiliency needs for architects and their clients. In between all the networking...
Before we created the Autocase family of TBL-CBA software, our team of economists, along with engineers and architects conducted numerous custom assessments as consultants. Our collective knowledge is now reflected in Autocase, but, we have to admit, there were some...
Number 10 in our TBL-CBA traps series (and the last one). 10. Mixing Nominal and Real All the costs, benefits and discount rate should be either in nominal (current year) dollars or real (constant) dollars. Don’t mix real dollars and nominal discount rates or vice...
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