ECONOMIC ANALYSIS SCREENING TOOL: GUIDELINES

The analysis in EAST is done at the micro scale, which considers the loss for the individual household or business, and is only concerned with the cost of replacing the assets damaged and the losses incurred as a result of the damage (i.e. [...] 665.2021 PARAMETERS The START button takes you to the Parameters sheet, where you need to input the number of mitigation options that you will evaluate, the cost of each mitigation strategy, when the benefits are likely to be realised, and information on the length of the analysis and the discount rate. [...] The red bars in the graphs indicate the proportional change in the NPV when the value of the parameter listed on the right is decreased by the selected percentage and the green bars indicate the proportional change in the NPV when the value of the parameter listed on the right is increased by the selected percentage. [...] If the proportional change in the NPV is lower than the proportional change in a parameter, the results are considered non-sensitive to that parameter, but if the proportional change in the NPV is higher than the proportional change in the parameter, the results are then considered sensitive to the parameter. [...] If you go to the section Changes in base numbers for the counterfactual and insert the number 2 in cell I216, all the asset values you entered in the Values sheet are multiplied by 2 (you do not see the change in the Values sheet, the tool does it in the background).