Transport Investment Appraisal - October

Course overview

This 4-day course equips participants with skills to undertake transport investment appraisal. Starting from the principles of cost-benefit analysis and financial appraisal, the course covers the key methods and techniques, and includes worked examples and case studies from road and rail, as well as multi-modal packages.  Recent technical developments and appraisal issues are also covered.

The course benefits from the considerable expertise of research-active staff and draws upon ITS’ experience of advising the Department for Transport (DfT) and other prominent organisations. For further information about the course content or its relevance to your work please contact the course leader - John Nellthorp, tel: +44 (0) 113 343 6613, email:

Designed for people in the industry, these courses will develop up-to-date skills and knowledge for all transport professionals. They typically last 1-5 days and are accredited to contribute to your personal development requirements.Short courses are taught by active research staff and teachers, with external experts contributing, and are normally held at the Institute for Transport Studies. Alternate arrangements can be made to bring a course closer to you.

These courses can also help you to attain credits towards a postgraduate qualification at the University of Leeds – you will have to formally apply to be a student here, so get in touch to find out more. All courses can be tailor-made to your company’s particular needs. Please get in touch to discuss bespoke course options.

Course structure

Outline programme

  • Principles of project appraisal; financial appraisal and cost-benefit analysis
  • Transport Business Case; WebTAG; and appraisal systems worldwide
  • Value for money, discounting, decision-making, risk and optimism bias
  • Applications and case studies on different modes; CBA Workshop
  • Valuation of costs and benefits (i): travel time savings and the productivity of travel time 
  • Valuation of costs and benefits (ii): service quality, safety, environment and health 
  • Appraisal of High Speed Rail; Road case studies
  • Appraisal of walking, cycling and urban realm
  • Appraisal of social and distributional impacts
  • Transport and the economy
  • Land value uplift; Land value capture and other methods of project finance
  • The role of economic appraisal in government policy and decision-making

Who should attend?

The course is suitable for those who are new to the field and for more experienced professionals seeking to refresh their knowledge.

Fee information

This course is now closed.

Venue details


Contact us

Institute for Transport Studies,
LS2 9JT.