COST ANALYSIS FOR PLANNING-PROGRAMMING-BUDGETING COST- BENEFIT STUDIES

THE CONCEPTS, PRINCIPLES, AND GENERAL APPROACH OF SYSTEMS COST ANALYSIS IN SUPPORT OF COST-BENEFIT ANALYSIS IS REVIEWED. THE ROLE OF COSTS IS CONSIDERED BOTH IN INDIVIDUAL SYSTEM ANALYSIS AND WITHIN THE BROADER CONTEXT OF PROGRAM ANALYSIS. THIS DESCRIPTION OF RESOURCE ANALYSIS IS INTENDED PRIMARILY FOR THE USERS OF COST ESTIMATES AS OPPOSED TO COST ANALYSTS. THE INTENT OF THE DISCUSSION IS TO IMPROVE THE ABILITY OF THOSE INVOLVED TO APPRECIATE THE ROLE OF COSTING AND THE LIMITATIONS OF COST ANALYSIS, AND TO ESTABLISH ADEQUATE GUIDELINES FOR THE COSTING WORK DONE IN SUPPORT OF COST-BENEFIT STUDIES. THE GENERAL SEQUENCE IS A REVIEW OF THE ROLE OF COST-BENEFIT STUDIES AS A PLANNING TOOL AND THE ROLE OF COST ANALYSIS THEREIN, A REVIEW OF THE PRINCIPLES AND TECHNIQUES OF COSTING INDIVIDUAL SYSTEMS AND, FINALLY, A REVIEW OF THE COSTING OF GROUPS OF SYSTEMS. A SIMPLIFIED HYPOTHETICAL COST-BENEFIT EXAMPLE THAT INVOLVES THE FIELD OF EDUCATION IS USED TO ILLUSTRATE THE KEY FEATURES OF COST ANALYSIS. /BPR/

  • Corporate Authors:

    RAND Corporation

    1776 Main Street, P.O. Box 2138
    Santa Monica, CA  United States  90407-2138
  • Authors:
    • Mccullough, J D
  • Publication Date: 1966-11

Subject/Index Terms

Filing Info

  • Accession Number: 00201353
  • Record Type: Publication
  • Source Agency: Bureau of Public Roads /US
  • Report/Paper Numbers: P-3479
  • Files: TRIS
  • Created Date: Mar 22 1994 12:00AM