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

In: Early Project Appraisal

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  • Knut Samset

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.

Suggested Citation

  • Knut Samset, 2010. "Three Steps in Front-End Assessment: Definition, Development and Appraisal of Concept," Palgrave Macmillan Books, in: Early Project Appraisal, chapter 16, pages 158-166, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-28992-5_16
    DOI: 10.1057/9780230289925_16
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