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Unit 3 Env Practice

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ACTIVITY 3.6 - Economic STEP
 

Learning Outcomes

At the end of this activity, you will be able to

  • Cost your plan
  • Show economic cost/benefits of implementing environmentla practices

Assessment Criteria
You will produce a chart of cost/benefit analysis of your plan to implement an environmental practice

Task:

Carry out this basic cost/benefit analysis on your plan:

  1. Costs - capital

  2. Costs - running

  3. Benefits - direct savings

  4. Benefit - indirect savings (eg. lack of prosecution)

  5. Payback Time

If actual figures are unavailable, estimate each of the above in terms of low, medium, high.

ACTIVITY 3.5 - TASK ANSWERS



Estimate if actual figures are unavailable

1. Costs - capital

2. Costs - running

3. Benefits - direct savings

4. Benefits - indirect (eg. no fines)

5. Payback Time


Allow 2 hour (maximum) to compete this activity.


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2003 Edition