High quality business cases consider a broad range of options and undertake a context-specific cost-benefit analysis to reach a preferred investment.
Business case and economic analysis
The transport investment pipeline in Australia is at an unprecedented level. Nevertheless, justifying investment through the Federal and State business case process can be challenging.
At Frontier Economics, we see transport business cases as a process to shape a solution which addresses a need rather than simply being a static document prepared for a funding hurdle. We work closely with clients to develop a way forward which considers a broad range of options in order to find an evidence-based reason to proceed. We have particular strength in preparing robust, context-specific cost-benefit analyses which often include monetising non-market impacts. The quality of our analysis helps to underpin successful funding applications.
We are also experienced in completing more sophisticated analyses, particularly where risk and uncertainty are a factor. This includes real options assessment.