Tuesday 20 April, Tuesday 27 April, Tuesday 4 May, Tuesday 11 May at 11am AWST/12.30pm ACST/1pm AEST/3pm NZST for one and a half hours each.
Thursday 13 May, Thursday 20 May, Thursday 27 May, Thursday 3 June at 11am AWST/12.30pm ACST/1pm AEST/3pm NZST for one and a half hours each.
There are also limited places available in group 2, beginning Thursday April 15.
Spaces are limited for all groups, so get your registration in to reserve your space. Preference will be given to attendees who are from an organisation that is a member of the Bushfire and Natural Hazards CRC. If you are unsure if your organisation is a member, see the participating organisations list. Please note that organisations listed as 'collaborators' are not members of the CRC. If space allows, the course will be open to those on the waiting list from any organisation.
The training course is backed by Bushfire and Natural Hazards CRC research from the University of Western Australia. Offered as free training over Zoom, the course will upskill and build capacity within the emergency management sector so that natural hazard managers and practitioners feel more confident to both commission and use economic information to aid their decision making.
Who is it for?
The course is intended for natural hazard managers, practitioners and emergency management personnel that wish to improve their understanding of economic evaluation methods for mitigation of natural hazards. Participants should be able to attend all four sessions to get the most out of the training.
What will attendees learn?
Attendees will learn how to conduct a benefit-cost analysis of mitigation options for natural hazards, and how to use and interpret the results. This includes learning how to use the Economic Assessment Screening Tool and how to integrate information from the Value Tool for Natural Hazards into the Economic Assessment Screening Tool. Both of these tools were developed by the University of Western Australia and the CRC. Through the training and the use of the tools, participants will become more familiar with economic evaluation methods, understand data requirements, and learn how to integrate non-market values into economic analyses and to use and interpret the information derived from these analyses.
Structure
Session one will cover an introduction to the Economic Assessment Screening Tool and how it can be used to estimate the value for money derived from different investments in mitigation.
Session two will unpack the Economic Assessment Screening Tool and go deeper into the calculations that are conducted behind the scenes so that participants can understand what the tool is doing in the background.
Session three will focus on integrating non-market values extracted from the Value Tool for Natural Hazards into the Economic Assessment Screening Tool.
Session four will focus on a topic that course participants would like to learn more about. This topic will be selected by participants halfway through the course.
During each session, participants will work through an exercise that presents the different steps required to conduct an economic evaluation of mitigation options. Participants will also have a set of exercises to do on their own outside of the course (30 to 60 minutes after each session) to improve their understanding of the processes involved in economic evaluations of natural hazard mitigation.
Learn more with videos
To support course participants in their learning, a video series on the economics of natural hazards management has been created. Starting with the simplest concepts and progressing through different economic principles across the ten lessons, the video series covers the types of economics analyses available, their data requirements, how to evaluate mitigation options, estimating costs, benefits and value for money of mitigation, how to integrate intangible values and how to deal with uncertainty.
Questions?
For any questions about the training course, please contact CRC Events Officer Vaia Smirneos at vaia.smirneos@bnhcrc.com.au or 03 9412 9630.