Overstated programme advantages
Other Names: Overestimated economic benefits of projects
Incidence: In large-scale water projects cost-benefit ratios are often manipulated to give a favourable economic assessment of the projects. Sponsoring agencies overestimate expected annual monetary gains, the benefits of irrigation, outdoor recreation, flood control, job creation potential and the life of dams.
Problem Type: F: Fuzzy exceptional problems
Date of last update 01.01.2000 – 00:00 CET