|This is a 2 day resident course
Emergency Management Institute (EMI)
16825 S. Seton Ave.
Emmitsburg, MD 21727
This course is designed as an introduction to the fundamental concepts of benefit-cost analysis (BCA). Cost-effectiveness is a key criterion for determining whether or not a hazard mitigation project is eligible for funding. To assist in assessing cost-effectiveness, the Federal Emergency Management Agency (FEMA) has developed software modules and guidance for conducting BCA of proposed projects. This course applies to and is valid for all FEMA Hazard Mitigation Assistance grant programs.
Course Goals: Upon completion of this course, participants should be able to:
Demonstrate their knowledge of the basic Benefit Cost Analysis (BCA) theory.
- Demonsrate their knowledge of the basic flood concepts.
- Describe features of the BCA Tool.
Complete a BCA using the Flood Module.
Explain each screen and important data fields in the Flood Module.
Complete the independent case study assignment.
Use supplemental tools and techniques in the BCA Tool in response to different scenarios, which include: multiple structures, displacement costs calculation, loss of function calculation, benefit-cost ratio just below 1.0, types of basements.
Explain key Damage-Frequency Assessments (DFA) concepts.
- Identify eligible hazards.
Explain the DFA Module data and documentation requirements.
Complete a DFA Module BCA.
Explain Tornado Safe Room, Hurricane Wind, Hurricane Safe Room, Wildfire and Earthquake Module data and documentation requirements.
Complete a Tornado Safe Room, Hurricane Wind, Hurricane Safe Room, Wildfire and Earthquake Module BCA.
Selection Criteria: The primary audience for this course is Federal, state, local, and tribal hazard mitigation staff; applicants/grantees; subapplicants/subgrantees; and personnel who are involved in the grant application development process and provide technical assistance.Prerequisites: IS-0276.a, Benefit-Cost Analysis Fundamentals
Participants must have knowledge of computers (basic Windows and spreadsheet programs). Participants must complete the following online tutorials:
1. FEMA Flood Insurance Rate Map (FIRM) tutorial (30 Minutes)
2. FEMA Flood Insurance Study (FIS) tutorial (40 Minutes)
CECs: 12 CECs for CFMs
attendance is free, but registration is required. If admitted to the
course, FEMA will reimburse local, state, U.S. territory, and tribal
government employees for transportation to attend the course, provide
free lodging on campus, and free shuttle to/from nearby airports to the
EMI campus. The only out of pocket cost for local, state, U.S.
territory, and tribal government employees to participate will be for
their time, and the on-campus meal ticket (approximately $110/week).
create a FEMA Student Identification Number (if you don't already have
one), then follow instructions to apply for an on-campus course.
Applications should be submitted a least 4 weeks prior to the course
301-447-1000, email@example.com. Applicants should wait for
their confirmation letter from EMI with their admission status prior to
making travel arrangements.