Appraisal

For information about appraisals that might take place in the early stages of a project, see: Options appraisal.

Other articles about appraisals on Designing Buildings include:

• Assessment.
• Development appraisal.
• Hydrogeological Impact Appraisal HIA.
• Initial cost appraisal for design and construction.
• Landscape and visual appraisal
• Options appraisal.
• Site appraisal.
• Strategic Environmental Appraisal.
• Sustainability appraisal.
• Tender appraisal.

A number of industry definitions of the word 'appraisal' are listed below.

Guide to developing the project business case, Better business cases: for better outcomes, published by HM Treasury in 2018, defines appraisal as: ‘…the process of defining objectives, examining options and weighing up the relevant costs, benefits, risks and uncertainties before a decision is made.’

Guide for Effective Benefits Management in Major Projects, published by the Infrastructure and Projects Authority in October 2017, defines appraise as: ‘Assessment of the value or quality of different options against similar criteria.

Roles in construction projects: analysis and terminology, by Hughes, W. and Murdoch, J. R, published in 2001 by the University of Reading, defines appraisal as: ‘Used by the CIC as a generic description of much of the early work in initiating a project.’

The National Flood and Coastal Erosion Risk Management Strategy for England, Glossary, published by the Environment Agency in 2020, defines appraisal as: ‘…the process of defining the problem, setting objectives, examining options; and assessing outcome benefit (including benefit: cost ratio). The process also includes weighing up costs, impacts, (positive and negative) risks and uncertainties, in order to make a decision.’

Guide for effective benefits management in major projects, published on 20 October 2017 by the Infrastructure and Projects Authority and the Cabinet Office defines appraise as: ‘Assessment of the value or quality of different options against similar criteria.’

[edit] Related articles on Designing Buildings

• Business case.
• Business plan.
• Development appraisal.
• Hydrogeological Impact Appraisal HIA.
• Initial cost appraisal for design and construction.
• Landscape and visual appraisal
• Options appraisal.
• Preliminary business case.
• Site appraisal.
• Strategic Environmental Appraisal
• Sustainability appraisal.
• Tender appraisal.

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