Economic appraisal in business and Government: how to get it right

INTRODUCTION In these tough economic times, making every penny count is more important than ever. Local authorities, central Government and businesses up and down the country are under pressure to make sure that every pound spent delivers maximum benefits for society, the economy or their customers. This is where a good economic appraisal can help. So what exactly is it? According to Wikipedia: “Economic appraisal is a type of decision method applied to a project, programme or policy that takes into account a wide range of costs and benefits… for which a monetary equivalent can be estimated.”   The idea Continue reading Economic appraisal in business and Government: how to get it right