Improving Transport Project Appraisals
In the Islamic Countries
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Table 2.3: AMCB table template
Analysis of Monetised Costs and Benefits
Noise (12)
Local Air Quality (13)
Greenhouse Gases (14)
Journey Quality (15)
Physical Activity (16)
Accidents (17)
Economic efficiency: Consumer Users (Commuting) (1a)
Economic efficiency: Consumer Users (Other) (1b)
Economic efficiency: Consumer Users (Business
Users and Providers)
(5)
Wider Public Finances (11) - sign changed from PA table, as PA
table represents costs, and not benefits
Present Value of Benefits (PVB) (PVB) = (12) + (13) + (14) + (15) + (16)
+ (17) + (1a) + (1b) + (5) – (11)
Broad Transport Budget (10)
Present Value of Costs (PVC) = (10)
OVERALL IMPACTS
Net Present Value (NPV) (PVB) – (PVC)
Benefit to Cost Ratio (BCR) (PVB)/(PVC)
Note: This tables includes costs and benefits which are regularly or occasionally presented in monetised form in transport
appraisals, together with some where monetisation is in prospect. There may also be significant other costs and benefits,
some of which cannot be presented in monetised form. Where this is the case, the analysis presented above does NOT
provide a good measure of value for money and should not be used as the sole basis for decisions.
Source:
Travel time savings are quantified and monetized using the Value of Travel Time (VTT). In a
research carried out by the Department for Transport of the UK government, recommended
values of travel time are given. In Table 2.4, the recommended VTT are given for different modes
and different types of travel together with the VTT values fromWebTAG25 .
25