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TRANSCRIPT
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The Application of Cost-Benefit Analysis on Budget Planning for Public Construction
Projects Sen-Hung Cheng1 Shao-Tsai Cheng2
Abstract
Due to the fact that the scale of public construction projects has been enlarged with time, the
expenditure of governmental finance increases year by year. Therefore�the cost-benefit analysis on
budget planning of public construction projects becomes more important accordingly. For this
reason, in 1998, the government enacted the statute: In submitting strategic plan for any important
public construction project, a cost-benefit analysis, report must be prepared in advance.
The research focuses on mid-term budget planning, applying the theory and methods of
cost-benefit analysis. We also analyze the application of cost-benefit analysis in typical cases, in
order to avoid the government budgeting being too extensive, improve the ability of budget
planning and policy enacting, and promote government performance.
Keywords����cost-benefit analysis, budget planning
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