Benefit / Cost
QualDATA can establish a unique Benefit Cost process that demonstrates in dollar terms the outputs of a program or project during its life – then forecasts future financial benefits. It defines benefits and impacts of work undertaken and provides a ratio of Benefit to Cost. While this is based on key assumptions and dollar input, the value is in changing those input costs and predicting what the changed benefit might be.
A BCA can be readily summarised in a Spreadsheet tailored for your program which can be used as a ‘what-if’ and updated as the project progresses. This can be used for planning and reporting purposes – at a financial level, social level and even using biodiversity / environmental indicators.