Analytical framework for ex-post evaluation of transport projects: Lessons learnt on retrospective CBA

This study deals with the ex-post evaluation of ten major transport projects which were co-financed by the European Regional Development Fund and the Cohesion Fund in the period 2000-2013 and located across nine EU Member States. The original contribution of this study is represented by the combination of the traditional ex-post Cost-Benefit approach with a qualitative analysis. Specifically, a retrospective Cost-Benefit analysis is used to quantify the benefits and costs of the projects, then interviews to relevant stakeholders were carried out. Ex-post CBA, when appropriately implemented and integrated with qualitative evidence, represents a powerful tool for supporting decision-making processes and for policy lessons.