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Cost-Benefit Analysis of A Public Infrastructure Project - Assignment Example
Author : walkerleo
Engineering and Construction
Pages 8 (2008 words)
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…
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. ...