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An Overview of Benefit-Cost Analysis for Water Resources Projects: Improvements Still Needed

CED-78-127 Published: Aug 07, 1978. Publicly Released: Aug 07, 1978.
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Highlights

Federal water resources projects are seldom authorized unless their estimated benefits exceed their estimated costs. The Water Resources Council (WRC) established principles and standards for planning water resources projects which were to help establish uniform procedures for more accurate benefit-cost analysis.

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Cost effectiveness analysisCurrent services estimatesEvaluation criteriaPlanningStandards evaluationWater resources developmentWater supplyRecreationCost analysisMilitary forces