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IS-276.A: Benefit-Cost Analysis Fundamentals
Course Date
5/3/2017
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.
Prerequisites
None
CEUs:
0.1
Course Length:
1 hour
