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IS-276.A: Benefit-Cost Analysis Fundamentals

Course Date


Course Overview

This course serves as an overview of fundamental Benefit-Cost Analysis (BCA) concepts and theory and is the framework and prerequisite for the classroom, field, or facilitated distance learning BCA course.

Course Objectives:

  • Explain basic BCA theory.
  • Explain basic flood concepts.
  • List and locate resources for learning more about BCA.
  • List the OMB Circular A-94 guidelines as applied to Mitigation projects.
  • Explain basic BCA theory.
  • Describe the Benefit-Cost Ratio formula.
  • Explain benefits and costs included in a BCA.
  • Explain important BCA terms.
  • Explain the 10-, 50-, 100-, and 500-year flood events and discharges.
  • Define the terms Streambed Elevation, Base Flood Elevation, and First Floor Elevation.
  • Recall the concepts discussed in Lessons 1–3.
  • List and locate resources for learning more about BCA.

Primary Audience

The primary audience for this course is Federal, state, local, and tribal hazard mitigation staff; applicants/grantees; subapplicants/subgrantees; and personnel who are involved in the grant application development process and provide technical assistance.





Course Length:

1 hour
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Take Final Exam
  • Test questions are scrambled to protect test integrity
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