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