value for money: business cases – demystifying the Net Present Value
Business cases are useful tools for deciding how to best use public funds, but they can seem complicated due to their technical nature and financial jargon. The Net Present Value (NPV) and Benefit-Cost Ratio (BCR) are key figures in business cases that help decide if the benefits of a project are worth the costs over time. In this short video, we will focus on NPV—what it is, its role in business case analysis, and key steps to calculate it.