Number 4 in our TBL-CBA traps series. 4. Letting the Loudest Voice Win While the TBL-CBA analysis often points out trade-offs between people, planet and profits and highlights distributional effects across affected stakeholder groups, don’t fall into the trap of...
Triple Bottom Line Cost Benefit Analysis
TBL-CBA Trap #3: Double Counting
Number 3 in our TBL-CBA traps series. 3. Double Counting By avoiding the trap of being too narrow, people often fall into this trap. In particular, benefits are more likely to be double counted than costs. Take, for example an infrastructure or building project that...
TBL-CBA Trap #2: Forgetting Certain (Increasingly Vocal) Stakeholders
Number 2 in our series of TBL-CBA traps. 2. Forgetting Certain (Increasingly Vocal) Stakeholders When conducting a Triple Bottom Line – Cost Benefit Analysis (TBL-CBA), a common trap is thinking too narrowly about the project. By definition, a triple bottom line...
TBL-CBA Trap #1: Re-Inventing the Wheel
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...
Deciding whether to put a cap on the LID?
The City of Phoenix wanted to weigh up the broader costs and benefits of implementing various Low Impact Development (LID) features across the city to help inform capital planning going forward. To do this, they enlisted the help of Stantec, Autocase, and Watershed...
Envision v3 – Our Comments
The Institute of Sustainable Infrastructure (ISI) is seeking feedback on the draft credits in its latest version of the Envision sustainable infrastructure framework, known as Envision v3. Here's some ... In the Leadership credit category, for Credit LD3.3 – Conduct a...
Sponge Cities
Funding Public Private Partnerships (PPP’s) share the same challenges, whether it's China or here in North America. Small projects need to be aggregated to reach the scale required for PPP’s. Large projects struggle to convey that the benefits of outweigh their hefty...
WEBINAR: Combining Business Case Economics with Stormwater Project Design – Who Benefits and Why?
Join this webinar to learn from our experienced panelists. REGISTER HERE Civil engineers and site planners are increasingly confronted with too much or too little water. Municipalities and water authorities are seeking new Low Impact Development (LID) techniques to...
The Higher Standard: Triple bottom line decision making for infrastructure
Too often infrastructure discourse is focused on the financials of a project. Discussion forms around jobs created, capital spent, or payback periods while missing the main objective of infrastructure: providing value to society. This is a reminder to designers and...
TBL-CBA Wielding Economists Solve the World’s Problems … in Order
The Copenhagen Consensus strikes again. In the Boston Globe recently, the intrepid Triple Bottom Line Cost Benefit Analysis (TBL-CBA) wielding economists took on the problem that is Haiti. Shamelessly valuing human life, climate and making trade-offs regarding...
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