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Last modified
1/25/2010 6:26:33 PM
Creation date
10/4/2006 11:30:49 PM
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Floodplain Documents
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Stream Name
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Basin
Statewide
Title
Benefit-Cost Analysis of Hazard Mitigation Projects
Date
1/1/1996
Prepared For
FEMA
Prepared By
FEMA
Floodplain - Doc Type
Educational/Technical/Reference Information
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<br />VERSION 1.0 1/12/95 <br /> <br />TUTORIAL <br /> <br />BENEFiTS AND <br />COSTS <br /> <br />PROJECT BENEFITS <br /> <br />'I'" <br /> <br /> <br />. ' -' . ".. <br />P~cl.J~cl'co~~~; <br />.. " <br /> <br /> <br />BE~E""SNIIN~S'C()ST~.;;.;;. <br />J.+\;'<:_::.%~ ~.d\~;:: ~;/,~<i;t;i:~~L" ,~,),):<.< <br />BENEj:I'r~OST;RAtl().'.."":." <br /> <br />Project Benefits YELLOW Block (Result). The program displays $36,691 as the present <br />value of damages avoided, which are the calculated benefits for the <br />mitigation project. This value is the "bottom line" - the calculated <br />benefits of the project - corresponding to all oHhedata inputs made <br />previously. <br /> <br />Project Costs YELLOW Block (Result). The program displays $53,205 as the total <br />costs of the proposed mitigation project. <br /> <br />Benefits Minus YELLOW Block (Resuit). The program displays ($16,513) as the <br />Costs difference between the Project Benefits (I.e., the present value of total <br />damages and losses avoided) and the total Project Costs of the <br />mitigation project. This result indicates that for the particular project <br />evaluated the benefits are less than the costs by $16,513. <br /> <br />Benefit-Cost YELLOW Block (Result). The program displays 0.69 as the ratio of <br />Ratio benefits to costs for the proposed mitigation project. This means that <br />each $0.69 in benefits from the project carries a cost of $1.00. Thus, <br />project costs are greater than the benefits. <br /> <br />Next Click on the NEXT SCREEN button and go to the next results screen, <br />SUMMARY. <br /> <br />SUMMARY .. <br /> <br />The Summary contains a concise compilation of all of the data inputs <br />which affect the numerical benefit-cost results. There are no user <br />entries on the Summary page. <br /> <br />4-16 <br />
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