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Application deadline May 30th, 2016

This School offers an intensive learning experience focused on the ex-ante appraisal (Cost Benefit Analysis) of Major Projects asking for co-financing under the European Structural and Investment Funds in the programming period 2014-2020. This year the structure has been completely revised to offer a more refined programme combining the need to provide an overview and introduction to principles and methods of CBA and, at the same time, to offer a more in-depth understanding of sectoral applications.


Lecturers are experts of the team involved in the preparation of the new edition of the Guide to Cost Benefit Analysis of Investment Projects, including the authors, technical advisors and academic peer reviewers. They come from the following institutions: University of Milan, CSIL, European Commission (tbc) and Jaspers.

To know more about them see the Lecturers page.


At the end of programme participants will be able to understand the principles and methods of CBA and, for the advanced course, to assess the completeness and quality of a project dossier as well as to design and prepare a complete CBA.


The school is organised in two Modules:

  • Module I: General principles and methods of CBA (5-6 September);
  • Module II: Sector applications of CBA (6-9 September)

Module I is designed for beginners who have limited knowledge and previous exposure to CBA or those who wants to refresh their knowledge of the conceptual framework of a standard CBA based on the approach of the new Guide. Module II is designed for those who are already familiar with the CBA techniques, have previous exposure to CBA or have attended Module I. It provides a more advanced training course focussed on the practical applications of the CBA model to Transport, Environment, Research, Urban Development sectors.

The two Modules can be attended in sequence. This is the best solution designed for those who want to be acquainted with both a solid background on the general CBA principles and methods and an applied experience on real life cases.


The School targets professionals and practitioners involved in design, preparation, assessment and implementation of investment projects in the framework of EU Cohesion Policy, including desk officers in the European Commission, civil servants (managing authorities, intermediate bodies, etc.) in the Member States and in Candidate Countries, staff of financial institutions and consultants. It may be also beneficial to researchers and practitioners who are willing to learn the at-the-edge international CBA techniques and methods.
No previous exposure is needed to attend Module I. To attend Module II it is required to have an intermediate knowledge of CBA or to have previously attended Module I.

A mixed audience with practitioners coming from different institutions (institutional and non) is particularly welcome.


The training approach is interactive and practice-oriented. The programme combines face-to-face lessons (lectures and presentations, including presentation of examples and case studies), with hands-on workshops. Under the guidance of a tutor, participants will work in small groups on practical exercises, i.e. spreadsheets with calculations for Module I and review of real case studies for Module II. Participants are required to have an active participation to the course and are recommended to bring their own laptop with excel installed. The School will make available two PC for each group. More information about the programme is available here.

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