CRCWSC's BCA Tool assesses investments for water sensitive cities, aiding balanced decision-making by considering project benefits, costs, and risks for stakeholders. The Knutsford Development case study showcases its tangible benefits.
Scale: Precinct
Development Type: Residential development, Strata/Multi-dwelling
Local Government: City of Fremantle
WSUD Solution:
Benefit: Cost Analysis (BCA) is widely used to support decision making about investments in projects or policies, and to underpin business cases for investment. The Cooperative Research Centre for Water Sensitive Cities (CRCWSC) has developed a BCA Tool as part of the Investment Framework For the Economics of Water Sensitive Cities (INFFEWS) that is tailored to assessing investments for water sensitive cities. It provides evidence for use in business cases to support balanced decision making.
The BCA Tool incorporates project benefits, costs and associated risks to a range of stakeholders to determine a net present value (NPV) and benefit cost ratio (BCR) for the project and allows for sensitivity analysis. It provides a systematic and user-friendly approach to project evaluation.
This case study details the results of the BCA completed for the Knutsford Development, demonstrating tangible benefits for the residents, community, and local government when infill development is undertaken using water sensitive building typologies and water sources.
Our focus areas
Supporting community wellbeing and healthy environments within resilient and sustainable places throughout Western Australia.
