All projects under Structural and Cohesion Fund requires a Cost-Benefit Analysis (CBA) in order to check the financial risks. This tool helps to decide whether to start a project or stop it. A Cost-Benefit Analysis is the key element of adequate project appraisals. Topic overview: Objective of the CBA (economic analysis)Differences between economic and financial analysisHandling risk and uncertaintyCost EstimationShadow Pricing in the Context of the EUEnvironmental Evaluation Methods – With practical Exercise “Incinerator”Start-To-End Case Study at a Real Project Experienced speakers will show ways of how to perform a Cost-Benefit Analysis by making sure that all costs and benefits are included and properly quantified and how to avoid the risk of costly or unsuitable projects. Special emphasis is placed on shadow pricing in an EU context and the principles and problems of cost estimation. Beside presentations there will be case studies and practical exercises.