Courses

This course helps the energy industry managers and executives to better use the tool commonly referred to as “cost-benefit analysis” or CBA. As a formal assessment of an organization’s project costs and benefits, CBA attempts to measure and compare the efficiency of project options. This type of analysis has become standard practice in project analysis and program evaluation—particularly in cases where there are new strategic or capital investments. The goal of the course is to provide the participants with the conceptual foundations and practical skills they will need to be thoughtful consumers and producers of CBA.

The class will draw on qualitative, quantitative, and analytic skills. As a practical matter, a basic familiarity with the energy industry, microeconomic theory, statistics, and algebra is assumed.