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About the Program

This program is part of the Certificate in Complex Project & Procurement Leadership and may be taken as part of the certificate program or on a stand-alone basis. Please visit the main page for the Certificate in Complex Project & Procurement Leadership for more information.

In both government and industry, we regularly have to evaluate cost-benefit analyses before implementing program and procurement projects that are complex and far-reaching. This two-day workshop will help participants become knowledgeable consumers of cost estimates and cost-benefit analyses, with a focus on the C in cost-benefit analysis.  In addition, the course will address what it means to be informed, including knowing the strengths and weaknesses of the cost-benefit analysis approach, the role of risk and uncertainty, sensitivity analysis, and knowing the right questions to ask when you are the recipient of a cost-benefit analysis.

Who Should Attend?

Those who review cost benefit analysis, those who are responsible for making decisions that involve resource allocations, and those who are responsible for making decisions that involve policy choices.

What You Will Learn

  • The reliability and credibility of your decisions as underpinned by data and analysis
  • How cost estimating underpins the decision process in both public and private arenas
  • The strengths and weaknesses of a cost-benefit analysis and the associated metrics that are used in these analyses
  • An introduction to the discipline of cost estimating

Program Takeaways

  • How to answer the ever present questions of "what does it cost?" and "is it worth the cost?”
  • The ability to understand and to probe cost-benefit analyses that are brought to you
  • The ability to read models produced by Monte Carlo simulations

Program Facilitators

Daniel Nussbaum, Ph.D.

Daniel Nussbaum, Ph.D.


Michael Lionais

Michael Lionais



Registration Deadline

Registration for individual modules will open in Fall of 2024. If you are looking to register, please contact us at to be notified when registration is open.




Cohort 19: April 28-29, 2025
Cohort 20: April 30 - May 1, 2025

More Information

Tailored Programs

Our programs and certificates can be delivered to your employees and tailored to fit your organization’s specific requirements.

To discuss your needs, please contact us.

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