This (2-stage) online course will focus on the new Project Appraisal requirements for EU co-financed investment projects and the new Economic Appraisal Vademecum of DG REGIO. It will clarify the link between the Cost-Benefit Analysis (CBA) Guide, CBA requirements and using the Vademecum.
In 2021-2027, Major Projects will no longer be specifically defined. Nor will there be an EU approval mechanism for large investment projects. However, Member states are still obliged to select the most cost-effective projects.
The new Economic Appraisal VADEMECUM provided by the EC for the period 2021-2027 is provided as a supplement to the European Commission (DG REGIO) CBA Guide, which will remain in use. It recommends proportionate efforts in project appraisal and highlights good sectoral practices. It offers a guide to simplified CBA and other appraisal techniques, such as cost-effectiveness tests and multi-criteria analyses.
This 5-day course has 2 stages: basic and advanced.
Stage 1 (Basic) will cover the methods, concepts and calculations contained in the DG REGIO Cohesion Policy CBA Guide.
In Stage 2 of the course (Advanced), leading experts from the European Commission, the European Investment Bank and the academic world will discuss:
- best practice in using CBA for project appraisal
- best practice from Major Projects
- the new DG REGIO requirements
- alternative project appraisal techniques; project quality standards, 2021-2027
- Operations of Strategic Importance (OSI)
- Using CBA for other instruments, such as the Connecting Europe Facility
Learn more here.
