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TRB Webinar: Evolving the Practice of Benefit-Cost Analysis

This webinar was posted on 10/14/2024

Register for this webinar

Date(s)
November 21, 2024 11:00 AM - 12:30 PM U.S. Eastern
Cost (for your seat)
$100.00
Professional Development Hours for this webinar
1.50 hour(s)
Continuing Education Hours for this webinar
AAE: 0.00 hour(s)
AICP: 1.50 hour(s)
CLE: 0.00 hour(s)
Details

Benefit-cost analysis (BCA) can be used screen and select projects funded by federal grants. The current narrow framework is insufficient to integrate impacts of current policy emphasis. Researchers around the globe are experiencing similar challenges and opportunities. Environmental effects, active transportation health benefits, and social equity/income distribution are some of the considerations congruent with current federal policy emphasis. Further research and development is needed. TRB will host a webinar on Thursday, November 21, 2024 from 11:00 AM to 12:30 PM Eastern that will cover the latest in BCA from the perspective of transportation agencies that require and rely on them and innovative practitioners who develop them. U.S. Department of Transportation offers ways BCA practices can evolve while staying true to core fundamentals. Presenters will discuss best practices, analytical gaps, and approaches to improve its usefulness.
This webinar is a follow on to 2024 TRB Annual Meeting Workshop 1013: Using Benefit–Cost Analysis in Today's Decision Making.
This webinar is sponsored by TRB’s Standing Technical Committee on Economics and Finance.
Registration is free for employees of TRB sponsors as well as Titanium and Cobalt Global Affiliates. The registration rate for all other attendees is $100. Sign into MyTRB.org to view registration information. Contact Patrice Davenport to inquire about becoming a TRB sponsor or global affiliate organization.
A recording will be sent to all registrants after the webinar.
 
Webinar agenda and presenters

  • BCA: Past, present, and future – Glen Weisbrod, EBP
  • TxDOT’s BCA grant pipeline screening tools – Robin Ayers, Texas Department of Transportation
  • Extending BCA in Italy to a wider impact appraisal – Mario Tartaglia, Ferrovie dello Stato Italiane
  • Question and answer session moderated by Dan Hodge, Cambridge Econometrics

The first 60 minutes of the webinar will be for presentations and the final 30 minutes will be reserved for audience questions.
 
Learning Objectives
At the end of this webinar, participants will be able to:

  • Describe BCA methods, USDOT requirements and preferences
  • Summarize how states and other countries are approaching BCA and the challenges they are trying to overcome in applying BCA
  • Identify the latest methods and evolving impact metrics that are being integrated into BCA

 
Professional Development Hours
Professional engineers (PEs) who register and attend the entire webinar as an individual will be awarded 1.5 Professional Development Hours (PDHs). TRB’s webinar program awards PDH credits only to the registered individual, and not to other members of a group that view the webinar together. To be eligible for the credits, individuals must remain signed in for the entire webinar, including for any question and answer session following the presentations.
This webinar will be delivered as a scheduled – e-learning live event and is categorized within RCEP as Technical, Health and Safety.
Please check with your licensing board to ensure that TRB webinar PDHs are approved by your board.
TRB will report credits earned to the Registered Continuing Education Program (RCEP). Complaints about registered providers may be sent to RCEP, 1015 15th Street, NW, 8th Floor, Washington, D.C., 20005.
American Institute of Certified Planners Certification Maintenance Credits
This webinar is approved by the American Planning Association (APA) for 1.5 Certification Maintenance (CM) Credits. CM credits provide continuing education opportunities for AICP Certified Planners to continue their professional skills and knowledge. To receive CM credits, Certified Planners should visit the TRB event webpage on American Planning Association and register their participation.
Please make sure that you register for this session and log in using the link that TRB provides to your email account. We use this as your record that you attended this session. TRB only maintains the records of attendees who use their email address to log into the webinar and cannot verify attendance of individuals who view the webinar without personally logging into the session.  
If you have problems reporting your CM credits or have general questions about the CM program, please contact AICPCM@planning.org.
 
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Registration questions? Contact TRB webinar program.