Accession Number : AD0689513
Title : ESTABLISHING PRIORITIES FOR PUBLIC INVESTMENTS.
Descriptive Note : Interim rept.,
Corporate Author : OFFICE OF THE SECRETARY OF THE ARMY WASHINGTON D C SYSTEMS ANALYSIS GROUP (CIVIL FUNCTIONS)
Personal Author(s) : Tozzi,Jim J.
Report Date : JUN 1969
Pagination or Media Count : 25
Abstract : The central theme of the paper is that value judgments are implicit in the criteria used for the measurement of the benefits and costs associated with a proposed investment and that conventional benefit-cost ratios tend to conceal these opinions. A methodology is presented which highlights for any proposed investment its contribution to the well-being of some groups, its detrimental effects on other groups and an alternative use of the same resources. A general description of each procedure is followed by a detailed illustration of its role in evaluating water resource projects. (Author)
Descriptors : (*MANAGEMENT PLANNING AND CONTROL, *MONEY), (*BUDGETS, CORRELATION TECHNIQUES), WATER SUPPLIES, IMPACT, DECISION MAKING, COSTS, STANDARDS, PUBLIC OPINION
Subject Categories : Administration and Management
Distribution Statement : APPROVED FOR PUBLIC RELEASE