Infrasite News
Improving the Practice of Transport Project Appraisal
New Publication Highlights International Best Practice

Cost-benefit analysis (CBA) is indispensable for making good decisions on what transport projects to fund. It essentially aims to figure out which projects offer the best value for money. However, the practical relevance of CBA does not always live up to its appeal in principle.

One problem is that there is sometimes disagreement over what to include in CBA, both on the cost side and the benefits side of the analysis. As a result, value for money is not always fully transparent. Another issue is summarising results in a way that speaks directly to the most pressing political concerns – currently jobs and economic recovery.

This concise report examines the extent to which these shortcomings can be addressed. It includes papers on the way CBA is used in three countries – France, Mexico and the United Kingdom – and how it is evolving in response to changing policy priorities.

The report is available now from the OECD bookshop as an E-book (PDF Format) or in Print (Paperback) with a free PDF.

The International Transport Forum at the OECD is an intergovernmental organisation with 52 member countries. It acts as a global think tank for transport policy and organizes an annual summit of transport ministers. Its work is underpinned by economic research, statistics collection and policy analysis. The objective is to facilitate the global exchange of information and to draw operational conclusions for policy-makers.

“Transport for Society” is the theme of the International Transport Forum’s 2011 summit on 25-27 May in Leipzig, Germany. Speakers will include Jeffrey Sachs, Jaime Lerner, Jeremy Rifkin, Peter Voser (Shell), Enrique Peñalosa, Thomas Enders (Airbus), Dieter Zetsche (Daimler). For more information visit or go directly to our online registration portal.
  News article source
News article source:

Government: International Transport Forum (ITF)
- Official source website

Recent news articles about this government:
- Road Deaths: Latest traffic safety data released
- China to join International Transport Forum
- Better Bus Ride presented with 2011 Transport Achievement Award
- 2011 Transport Achievement Award Call for Application
- A Record Decade for Road Safety

  Latest news
- Siemens automates line section for high-speed trains in Spain
- ARCADIS company Hyder appointed to UK Highways Agency's biggest framework
- ARCADIS Selected to Fix & Fortify New York City Subway System
- California, Florida DOTs Win Top America's Transportation Awards
- Testing the worlds largest tidal lagoon in Delft
- BAM wins major marine infrastructure project in Abu Dhabi
- Strukton candidate for construction rail connection Suriname
- BAM reports positive pre-tax result first 9 months 2014
- Alstom: Record high orders and improving profitability
- VINCI finalises the acquisition of Imtech ICT and Electrix
- Official start of coastal protection project Jakarta
- Philips to sharpen strategic focus
- A quick model to assess current and future global river flood risk
- Alstom to supply the first turnkey tramway system in Qatar
- Alstom Board of Directors recommends General Electric's offer
- Siemens – Vision 2020
- Project Gemini Reaches Financial Close
- Alstom 2013/14 annual results
- Groupe Eurotunnel extends ETICA Programme
- Alstom is considering proposed acquisition of its Energy activities by GE

More news on Mobile!

   Homepage Mobile (Dutch)