Approach to Assess the Benefits and Costs of ATM Investments

This document explains how to assess benefits and costs of ATM investments for strategic planning and the initial stages of EATMP programmes.

It is the second deliverable of a collaborative project started with stakeholders in October 2002 and planned to be concluded at the end of 2003. This project has two objectives:

  • to develop a consistent approach for the economic evaluation of investments that is applicable to all life cycle phases of the development and deployment of the ATM2000+ Strategy;
  • to design a collaborative process for economic evaluation of ATM investments that ensures stakeholder ownership of the results.

The document identifies the stakeholders in the economic evaluation of ATM investments and their stake in the evaluation. It details the benefits and costs per stakeholder group and outlines the method used to assess each benefit and cost category at the strategic level. Structured methods for gathering and using expert judgement and for modelling uncertainty are proposed.

This document provides a base for the development of tools to support economic evaluation in the next phase of the project.

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Approach to Assess the Benefits and Costs of ATM Investments