Resources are scarce and many good projects are competing for the same funding. Therefore, prioritization between different projects must be on a solid, informed basis. Cost-benefit analyses systematically identify the impacts of different projects and thus significantly improve decision-making.
Cost-benefit analyses are common in the transport and energy area, but they can be applied to almost any area. We use recognized methodologies, and our cost-benefit analyses follow the guidelines from the Danish Ministry of Finance. We also have experience with cost-benefit analyses in areas in which this type of analysis is new. For example, employment and social welfare.
Among other things, we help our clients find answers to the following:
- What are the socio-economic impacts of new initiatives?
- What are the wider economic impacts of new initiatives for businesses and industry?
- What are the environmental and business potentials of changing legislation?
- What is the cost-effectiveness of the individual initiative?