Three Steps in Front-End Assessment: Definition, Development and Appraisal of Concept

Knut Samset

Chapter 16 in Early Project Appraisal, 2010, pp 158-166 from Palgrave Macmillan

Abstract: Abstract Decisions may be made on very simple bases. One might toss heads or tails, or, if reliable information is available, undertake a simple assessment of foreseen reward relative to costs.1 But the decision bases also may be comprehensive. Projects of some extent usually have a thorough, detailed pre-project study. In some cases, a pre-project study may take years and include complex analyses, simulations, pilot studies, etc.

Keywords: Uncertainty Factor; Outcome Space; Concept Phase; Fatal Risk; Principal Solution (search for similar items in EconPapers)
Date: 2010
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DOI: 10.1057/9780230289925_16

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