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Early Career Professional

Project and Policy Evaluation

Internationally, governments are under increasing pressure to ensure that their policy initiatives  and spending proposals deliver good value to their citizens. Should taxpayers’ money be spent on a new railway line or a new sewage treatment plant? Is a light rail system preferable to an improved bus system? Should government approval be given to a new mining development? Or should the area proposed for mining be set aside as a nature protection area? These types of questions call for the rigorous assessment of proposals.

The provision of such rigorous assessments is challenging. The task involves predicting the future outcomes of proposed government actions and estimating the values held by citizens for those outcomes. Predicting the future involves risk and uncertainty. The impact of time on values needs to be incorporated. For some values, there are no markets working to deliver estimate. 

The Executive Programme on Project and Policy Evaluation will provide insights into techniques developed to conduct the assessment task. Cost benefit analysis will be featured but additional and alternative evaluation methods will be detailed. A special feature of the Programme will be the introduction of methods used to estimate monetary values of outcomes that are not bought and sold in markets. Such value estimates are critical for the assessment of projects and policies that involve environmental and social outcomes.

Lee Kuan Yew School of Public Policy National University of Singapore 469C Bukit Timah Road Singapore 259772

Mon 15 August 2016 to Wed 17 August 2016

12:00 AM - 12:00 AM

Tue 19 July 2016

The aim of this program is to introduce participants to concepts and methods that are central to the evaluation of projects and decisions that fall within the domain of public policy. The dominant perspective here is that of economic analysis. In this regard, specific aims are:

  • To introduce the concepts and frameworks in economics that are relevant to the context of evaluating public policy
  • To introduce and illustrate methods of public sector project and policy evaluation that are based on these concepts and frameworks
  • To illustrate the application of specific techniques such as Cost-Benefit Analysis (CBA), Cost-Effectiveness Analysis (CEA) and Threshold Value Analysis (TVA) using current case studies.

Special attention will be given to public sector investments. Other techniques such as Life Cycle Analysis (LCA) and Multi-Criteria Analysis (MCA) will be reviewed and critiqued as alternatives to CBA.

Contact:

Executive Education Department
Lee Kuan Yew School of Public Policy
National University of Singapore
469C Bukit Timah Road, Singapore 259772

Tel: (65) 6601 3032 / (65) 6516 6458
Fax: (65) 6872 9291
Email:lkysppep@nus.edu.sg

Application Deadline:19 Jul 2016

dodo-thampapillai

Professor Dodo J. Thampapillai

Visiting Professor

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Jeff-Bennett

Professor Jeff Bennett

Professor of Environment Management, Australian National University

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