StudentShare solutions
Triangle menu

Cost-Benefit Analysis of A Public Infrastructure Project - Assignment Example

Nobody downloaded yet

Extract of sample
Cost-Benefit Analysis of A Public Infrastructure Project

Thus, to come up with a public infrastructure, several factors will be considered to look at both the advantage and causality in order to achieve the optimal benefit that is required. Public infrastructure is considered to be of good interest to the society if its final outcome benefits surpass the cost of implementing the total project. If the cost of implementing the infrastructure is more than the benefit the society is supposed to enjoy after its completion, then, the project is of no much benefit to the society. To realize the cost benefit of a public infrastructure, a cost benefit analyses is carried out to investigate the benefit the society is expected to achieve once the said infrastructure is completed. If the result shows that the project has a positive benefit, then, the infrastructure should be implemented. If the result on the other side reveals that the benefits of the project upon completion reflect negative benefit, then, the project should be dropped (Campbell and Brown, 15). 1.1Project description The public infrastructure that is illustrated under this paper is of power plant construction nature which is located in Middle East and North African region. This region has a high potential of solar and wind energy because it receives a lot of energy from sun in six hours than what a man consumes in one year and is home to top sites of wind potential. This project is expected to generate electricity by use of massive set up of solar and wind farms networks and connect the power to Europe through a Europe- Mediterranean electricity network. A high voltage direct current (HDVC) transmission cables will be used in the transmission of the power. The power plant will involve spreading of concentrating solar power systems, wind parks and photovoltaic systems in desert of North Africa in places like Sahara desert. This means that the power plant will produce energy that is renewable instead of use of fossil fuel that is not renewable. This project will provide a substantial demand of electricity in Middle East and Northern Africa region and a 15% of electricity need in Europe. Thus, due to the fact that this project is expected to benefit those three regions, it has being dubbed as EUMENA which means European Union, Middle East and Northern Africa. Investment under this public infrastructure is expected to cost up to 400 billion pounds by 2050. Under this project, Europe is expected to lead in fighting climate change and economies of the Northern African countries and Europe, grow due to green house gas emissions limitation. This project has the potential to satisfy 15 percent of the electricity demand in Europe and much needed electricity in Middle East and North Africa. 240,000 jobs in Germany are likely to be created if this project is implemented and generate electricity worth 2 trillion by 2050. Energy wastage is expected to be reduced under this project because it will enable transfer of energy from areas with surplus to areas it is needed. The grid will help in taking advantage of the large amounts of energy that is likely to be sourced from large scale sources of renewable energy that are remote. The construction of the transmission grid will reduce difference between actual generating capacity and the minimum ...Show more

Summary

Contents Contents 1 Cost-Benefit Analysis of a Public Infrastructure Project 2 1.0 Introduction 2 1.1Project description 3 1.2 Cost Identification 6 1.3Quantitative Benefits 6 1.4 Cost benefit analyses 6 1.5 Conclusion 8 References 10 Name Tutor Task Date Cost-Benefit Analysis of a Public Infrastructure Project 1.0 Introduction Infrastructure is a term used to describe an underlying foundation that is useful in the provision services and goods to enhance community continuance and growth…
Author : walkerleo
Cost-Benefit Analysis of A Public Infrastructure Project essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the assignment on your topic
"Cost-Benefit Analysis of A Public Infrastructure Project"
with a personal 20% discount.
Grab the best paper

Check these samples - they also fit your topic

Development Appraisal, Project Cost Control
The industry provides services such as maintenance, repairs and rehabilitation of existing structures. The industry comprises of three main sectors, which include building construction, heavy and civil engineering and specialty trade contractors (Whaples, 2006).
12 pages (3000 words) Assignment
IT Project Management 2
The first and foremost responsibility is that of the HRIS needs identification. Also, the Project manager is to serve as a bridge between the management, the project team and the staff members of Genrays on the given project. The project manager is to create a preliminary scope statement for the firm.
20 pages (5000 words) Assignment
Managing Project
Network Diagram 2. Timing of Activities In this project, the researcher has used the concept of Earliest Start Time (EST), Earliest Finish Time (EFT), Latest Start Time (LST), Latest Finish Time (LFT), Duration and Total Float (TF). EST and EFT are calculated by using following equations.
12 pages (3000 words) Assignment
Network Infrastructure Assignment
Please consider that ambiguity of this scenario gives you a freedom of choice and should be seen as a basis for your creativity. The existing network infrastructure consists of standalone LANs in both headquarters and not networked computer systems in other locations.
12 pages (3000 words) Assignment
Ensuring Sustainability in Infrastructure Development
In addition, problems related to pollution, energy crisis arising from increased dependence on the fossil fuels are the other sustainability issues that we are forced to encounter in future. Hence, it is inevitable that all the future initiatives of infrastructure development need to be in line with the demands of the environmental sustainability.
7 pages (1750 words) Assignment
Network Infrastructure
Please consider that ambiguity of this scenario gives you a freedom of choice and should be seen as a basis for your creativity. The existing network infrastructure consists of standalone LANs in both headquarters and not networked computer systems in other locations.
12 pages (3000 words) Assignment
Cost-Benefit Analysis of A Public Infrastructure Project
Public infrastructure is an idea that has in the past being agreed to be an important feature related to economic performance in societies. Thus, to come up with a public infrastructure, several factors will be considered to look at both
8 pages (2000 words) Assignment
Strategic project management case study
The third world countries have low technological advancement and hence the need to bridge the technological gap between the developing nations and the industrialized nations. Kenya is one of the developing nations in the world that has a great potential
8 pages (2000 words) Assignment
Automated Labeling System (Cost Benefit Analysis an IRR)
Such individuals are expensive to compensate in terms of labor and time taken (Michaelyn et al., 2002). The organization also has to incur a cost of training its employees on how to use the new system, which implies a reduction of the
2 pages (500 words) Assignment
Cost-Benefit Analysis
People especially the employees can be a threat to the organization. They can give out information that is sensitive and that can give competitors an edge over the company. Being a company dealing with technology any leak of information to
1 pages (250 words) Assignment
Hire a pro to write
a paper under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT
Comments (0)
Click to create a comment
Contact Us