As the majority of flood risk management projects are funded by public expenditure, it is essential for spending to be prioritised and auditable. Project appraisal is a process of identification, quantification and evaluation. Economic appraisal is central to this process as it is a method of assessment that produces easy to communicate results that aid decision makers. All flood management and drainage authorities determine their flood management spending within a framework of rules laid down by HM Treasury and published in ‘The Green Book’. At the heart of this is Benefit-Cost Assessment.
This one day course has been designed to give you a fundamental understanding of economic assessment issues, terminology and methodologies. There will be an opportunity during the course for you to practice carrying out a benefit-cost assessment using case studies.
This course is aimed at those working within flood management authorities:
- Project managers
- Operations staff
By the end of this course you will:
- Understand current guidance relating to economic appraisal
- Undertake flood damage calculations using MCM data
- Understand the process of assessing benefits and costs as part of the Benefit-Cost Assessment
- Be familiar with levels of detail required for specific studies
- Understand implications of key variables on costs/benefits
- Be familiar with standardised FCERM-AG spreadsheets
- Understand the decision making process
- Be able to critically review economic appraisals
Angus Pettit BSc MSc CEnv CSci MCIWEM C.WEM
Angus is a Technical Director for economic appraisal. He has undertaken economic appraisals across the UK for a range of project types and has recently worked on a number of research projects in relation to property level protection, asset management and cost estimation. He is an experienced hydraulic modeller with high skill levels in a range of modelling techniques to support the assessments of flood risk for use in engineering works, flood forecasting, flood alleviation schemes, flood risk assessments, post flood studies and flood hazard mapping purposes.
Anne-Marie Moon BSc MSc CEng MICE
Anne-Marie is a Chartered Engineer with over 12 years’ experience in the field of coastal engineering. Throughout her career, she has worked on a variety of coastal projects including coastal and estuarine strategic studies, sand dune management, marina and rock breakwater design and Beach Management Plans. Anne-Marie leads JBA’s Flood Risk Management Team in Newport, South Wales. She is also a lecturer on the Lancaster University and JBA PgCert course on coastal erosion and flood risk management.