PREPARATION OF transport business cases and appraisal of the benefits
DATE
TIME
09:00 - 17:00
ONLINE
Course OVERVIEW
This is a two day course. The 1st day of the course will equip delegates with basic skills to understand the requirements of the 5 Case Model for producing successful business cases for transport schemes.
It will cover the principles of producing business cases following guidelines from the HM Treasury’s Green Book, DfT’s WebTAG, Transport for London or Local Enterprise Partnerships.
The 2nd day of the course will equip delegates with skills to undertake appraisal of multi-modal transport schemes and improve the links between appraisal and ex-post evaluation. The course will cover the appraisal and ex-post evaluation methods and techniques, and include case studies.
The delegates will be able to bring their own examples to discuss at the course and also will learn about key points to remember whilst reviewing and scrutinising the business cases.
Who will Benefit?
The course is suitable for those who are new to business case development and review process, transport planning profession and for experienced professionals seeking to gain the Transport Planning Professional Qualification.
LEARNING OUTCOMES
Upon completion of the course, delegates will be able to:
• understand the need and principle of producing a business case
• learn about setting scheme objectives and the process of prioritising scheme options
• learn about the steps of carrying out cost-benefits analysis
• learn about the governance arrangements and techniques to manage stakeholders effectively
• understand about the key deliverables needed to put together a business case
• learn about key criteria of securitising and approving business cases.
WHO SHOULD ATTEND?
Transport planners, business case writers and reviewers, project managers, accounting officers, business analysts, portfolio management officers and team leaders
Course Content
DAY 1
Session 1: what, why and when?
What is a business case?
Why do we produce a business case?
When do we need to start developing a business case?
Where can we find guidance on producing a transport business case (HM Treasury, DfT, TfL or LEP)?
Session 2: Strategic fit
Need for intervention and objective setting
Identification of the expected benefits
Prioritisation of options and the identification of a preferred option
Deliverables
Session 3: Cost-benefit analysis
Qualitative, quantified and monetised impacts and benefits
Cost estimation including risk allocation and optimism bias
Benefit management
Deliverables
Session 4: Management and commercial aspects
Governance arrangements
Stakeholder management including consents and powers
Procurement options and analysis
Monitoring and evaluation
Deliverables
Session 5 - Checklist for scrutinising and reviewing of transport business cases
COURSE materials
The participants will be offered course materials folder and a certificate of attendance
DAY 2
Session 1
Introduction to transport appraisal
Purpose of ex-ante and ex-post appraisal
Techniques of cost-benefit analysis
Session 2
Proportionate appraisal
Environmental and health appraisal
Wider impact/GVA appraisal
Session 3
Appraisal tools
Treatment of risk and uncertainty in transport appraisal
WebTAG-based appraisal tables
Ex-ante appraisal case study
Session 4
Monitoring and evaluation
Ex-post evaluation methods
Relationship among transport modelling, appraisal and evaluation
Ex-post appraisal case study
Refreshment Breaks
The participants will be served with lunch, tea and coffee during refreshment breaks
COURSE FEES
Please contact us today to consult and get your free of charge fee quotation.