Risk analysis
Risk analysis
Chapter 12 of the Economic evaluation manual, volume 2, 2005 deals with risk analysis, covering:
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Introduction
- When risk analysis is required
- Principles and guidelines
- Proposals requiring a risk analysis
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Benefit risks
- What high risk means
- Base travel demand
- Forecasts
- Assignment and the choice between alternative passenger transport modes (eg bus, light rail, heavy rail and ferry)
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Cost risks
- What high risk means
- Base travel demands
- Land and property
- Earthworks
- Other engineering costs
- Services
