Providing an independent, unbiased business case for or against major infrastructure projects is a vital part of our work – and one that draws upon a wide range of our capabilities.
To help us meet the demands of undertaking these often extremely complex assessments in ways that are acceptable to all stakeholders, we have developed a highly specialised economic evaluation service.
Whilst our approach remains consistent at all times, the specifics of this service and the way we work with clients vary according to the individual specifications of each project.
A recent economic evaluation we undertook for a proposed transport initiative provides a good illustration of how our services work.
The project involved the following inputs.
To support the final business case for the project, we developed probabilistic cost estimates for various options. These were then fed into the project economic evaluation. Finally, we produced an economic evaluation report, which was used by the client in presenting the business case for the project.