Executive summary
Detailed report
1. Project’s Objective(s)
2. Description of options (alternatives) evaluated
3. Identification of direct quantifiable impacts (i.e. direct Costs and direct
Benefits of each option) 1
4. Identification of all quantifiable indirect costs and benefits of each
option 1
5. Forecasting of monetary values of all direct and indirect quantifiable
Costs and benefits for each option for each year / period of the project
evaluation 1
6. Calculation of Net Present Value for each option 1
7. Identifying non quantifiable costs and benefits and discussion of impact
on each option
8. Risk assessment and sensitivity analysis
9. Selection of preferred option and rationale for selection
10. Conclusion and Recommendations (if appropriate)

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