The Handbook on Cost-Benefit Analysis of Public Investment Projects is a practical manual designed to help government officials and analysts conduct rigorous cost-benefit analysis for public investment proposals. It explains key CBA concepts, definitions, and methods, guiding users through the process of identifying all relevant costs and benefits, defining assumptions, and applying valuation techniques to estimate economic impacts. The Handbook includes a step-by-step approach to preparing and assessing CBA for typical public projects such as infrastructure, energy, and rural development, often using spreadsheet models to illustrate calculations. It also demonstrates how to perform sensitivity analysis to test result robustness under different scenarios. Overall, the guide supports transparent, systematic economic appraisal to inform project selection and ensure that public investments generate net benefits for society.
