When estimating cost-effectiveness, the IfU places emphasis on both hard factors ( e . g . costs, time ) and soft factors ( e . g . employee motivation and the communication culture ) in its approach to economic appraisal.
12.
A 2014 economic appraisal carried out by the firm KPMG on behalf of the group Greener Journeys found that for ? spent on BSOG, between ?.50 and ?.50 is generated in benefits, including wider economic and social impacts.
13.
The CWC claimed that these recommendations were anti-dam and anti-development, both of which Shah refuted claiming that on the contrary they intent to make them much stronger institutions in a new avatar which would devolve more power to states and reduce delays in techno-economic appraisals of projects.
14.
In 1974, the Central Policy Review Staff made the recommendation that the first stage of a full technical and economic appraisal of harnessing wave power for electricity generation should be put in hand at once . Wave power was seen to be the future of the nation's energy policy, and solar, wind, and tidal schemes were dismissed as'impractical '.
15.
(Note to avoid controversy : Vierordt law is irrelevant to the economic appraisal of transport infrastructure on account of the Constant Unit Value of time ( CUV ) assumption, which states that the same unit value should be assigned to time changes irrespective of the size or sign of the change [ see para 3.27 http : / / www . dft . gov . uk / stellent / groups / dft _ econappr / documents / page / dft _ econappr _ 610340-03 . hcsp # TopOfPage ].
