Economic Analysis And Military Resource Allocation PDF Download

Economic analysis (EA) is a key part of the resource allocation process for Military Construction (MILCON) and Commercially Financed Facilities (CFF) projects. Results of an EA provide valuable input in deciding which projects to fund for the most cost-effective use of tax dollars. This report provides Army installations with guidance for performing accurate EAs and reporting results properly. This information clarifies the Army policy on EA set by Army Regulation (AR) 11-28 and Office of Management and Budget (OMB) Circular A-104. This report supersedes Technical Report P-151, Economic Analysis: Description and Methods (U.S. Army Construction Engineering Research Laboratory, 1983). The current report updates the previous information and addresses the role of ECONOPACK in performing EAs. ECONPACK is a computer program that automates much of the EA process. It is available on the Programming, Administration, and Execution (PAX) system and in a personal computer version. (sdw).