Project Appraisal Guidance 3 - Economic Appraisal
Important note: please read this guidance in conjunction with the supplementary guidance which provides updates on some key issues.
Supplementary Guidance
| October 2006 | Treatment of climate change impacts (size=70kb) and accompanying Q&A (30kb) |
| July 2004 | Interim Guidance
Note (size=161kb) which takes account of Defra's policy on
socio-economic equity and appraisal of human-related intangible impacts of
flooding. |
| March 2003 | Interim Guidance
Note
(size=235kb) on how changes in HM Treasury guidance
Appraisal
and Evaluation in Central Government (the 'Green Book') should be applied
to appraisal of flood and coastal erosion risk management projects. Some
revised example spreadsheets are shown below. |
FCDPAG3, Project Appraisal Guidance 3 - Economic Appraisal, January 2000
- Foreword and contents (61 KB)
- (The contents has links to the main sections and annexes)
- 1. Introduction (69 KB)
- 2. The appraisal context (76 KB)
- 3. Stages in a benefit-cost analysis (133 KB)
- 4. Assessing the benefits (272 KB)
- 5. Comparing costs and benefits (112 KB)
- 6. Choosing the option (142 KB)
- Contact points (104 KB)
- References (86 KB)
- Glossary of terms (69 KB)
- Annex A: Spreadsheets for economic appraisal of flood and coastal defence (see below for actual spreadsheets including Excel versions) (117 KB)
- Annex B: The valuation of agricultural output and land (115 KB)
- Annex C: Components of economic value and environmental assets (69 KB)
Other Supporting Information
Spreadsheets from Annex A of FCDPAG3
Example spreadsheets incorporating March 2003 Green Book revisions
Project summary sheet, example 2: changing probabilities of failure (352 KB) Excel 97 Project summary sheet, example 3: river flood defence (321 KB) Excel 97
Original spreadsheet examples, unmodified
Page last
modified: 8 December 2006
Page published: 1 March 2000