Virtual Benefit-Cost Analysis (BCA) Training Coming in October
FEMA and MT DES will be hosting a virtual Benefit Cost Analysis Training Course in October
Please join us for a FEMA Region 8, Version 6.0 Virtual Benefit-Cost Analysis (BCA) Training.
The training will be held October 4th – 7th from 9:00 am MT – 1:00 pm MT (10 am CT-2 pm CT). Each day we will cover various components of the benefit cost analysis software to increase your knowledge and understanding of the software, and to support your mitigation grant application by providing the tools to verify the cost-effectiveness of your project. Benefit Cost Analysis (BCA) is a decision-making methodology which organizes all social and financial costs and benefits of a mitigation project in order to evaluate the cost‐effectiveness of options. A BCA is used to calculate and prioritize mitigation projects for grant funding by comparing the benefits of a project against its cost. FEMA has developed the BCA tool to standardize the compilation and evaluation of information needed to measure the cost effectiveness of a natural hazard mitigation project.
Please Register at https://fema.connectsolutions.com/virtualr8bca/event/event_info.html
FEMA Region 8, Version 6.0
Virtual Benefit-Cost Analysis (BCA) Training Agenda
Day 1-Monday, October 4, 2021:
Welcome and Introductions
Unit 1: Basic Concepts in Benefit Cost Analysis (BCA)
Unit 2: The BCA Requirement
Unit 3: The Benefit-Cost Model
Day 2-Tuesday, October 5, 2021
Unit 4: Starting Your BCA
Unit 5: Flood Mitigation
Day 3-Wednsday, October 6, 2021
Unit 6: BCAs for Tornados, Hurricanes, and Wind
Unit 7: BCAs for Wildfire, Seismic, and Landslide
Day 4-Thursday, October 7, 2021
Unit 8: BCAs for Drought Mitigation, Generators, and Other
Unit 9: Tips & Tricks for Getting to Cost Effectiveness
Question & Answer Technical Assistance
If you have any questions, please do not hesitate to contact Laura Stahnke at Laura.Stahnke@fema.dhs.gov If participants need assistance with the software, they can look at the installation guidance on the FEMA Benefit Cost Analysis website (https://www.fema.gov/grants/guidance-tools/benefit-cost-analysis) or they can call the BC Helpline at: 855-540-6744.
Tags: Mitigation