Assessment (or evaluation) of projects
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Assessment (or evaluation) of projects |
These studies take account of three types of effects of a scheme : (1) those which are quantified and valued in terms of money, (2) those which are quantified but not valued, (3) those which are not quantified. It cannot produce a definitive answer; it merely provides information which is relevant to the policy concerns of the decision-maker, in order to illuminate the choice of options.
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