CASE STUDY 5: New Sport Precinct in Pimpama. The Gold Coast City Council is considering building a state of the art swimming and sport precinct at Pimpama, which includes access roads and the purchase of space for sporting fields. Before completing the purchase, the Gold Coast City Council has asked your team to conduct a preliminary CBA on the potential sport precinct.

Questions:

3.4.Predict the impacts quantitatively over the life of the project (Step 4)

Define the time frame and analytic horizon. The time frame and the analytic horizon are largely determined by the treatments or interventions under consideration. The time frame is the specific period in which the intervention was actually applied. The analytic horizon is the period over which costs and benefits resulting from the intervention are measured. The analytic horizon of the study should be long enough to include all significant costs (positive and negative). Both time frame and analytic horizon influence the type and value of costs and benefits included in the analysis.