[BOOK|TXT] Dft Guidance on Transport Assessmen

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Analysis features There are a number of features within an analysis that can have influence on the outcome. After 3-4 monthsreturn to normal health with no permanent disability.

If a risk reduction measure is identified for one type of accident but reduces other risks as well e. This is because the gross disproportion factor is applied to all benefits prior to them being compared to the costs.

Cost Benefit Analysis (CBA) checklist - This is because the gross disproportion factor is applied to all benefits prior to them being compared to the costs. Example A simple method for coarse screening of measures is presented below.

Something is reasonably practicable unless its costs are grossly disproportionate to the benefits. For further detail on this see:. Thereafter some pain gradually reducing but may recur when taking part in some activities. Some permanent restrictions to leisure and possibly some work activities. After 3-4 monthsreturn to normal health with no permanent disability. If a risk reduction measure is identified for one type of accident but reduces other risks as well e. This would be the case if the plant being re-instated were a safety related plant e. This can represent a bias in favour of safety. This is because the gross disproportion factor is applied to all benefits prior to them being compared to the costs. Analysis features There are a number of features within an analysis that can have influence on the outcome. Discounting of Dft Guidance on Transport Assessmen costs, particularly if they are significant, may make a measure more favourable than if discounting was ignored. This is because higher effective discount rates are applied to costs than to health and safety benefits. By their nature these accidents are rare but when they do happen, they can have very high consequences. Example A simple method for coarse screening of measures is presented below. The plant has an estimated lifetime of 25 years. How much could the company reasonably spend to eliminate reduce to zero the risk from the explosion? This method does not include discounting or take account of inflation. For a measure to be deemed not reasonably practicable, the cost has to be grossly disproportionate to the benefits. Therefore it might be reasonably practicable to spend up to somewhere in the region of £93,000 £9300 x 10 to eliminate the risk of an explosion. This type of simple analysis can be used to eliminate or include some measures by costing various alternative methods of eliminating or reducing risks. All values are average figures and include human cost, lost output and medical costs. The difference between the figures for a permanently incapacitating injury and a permanently incapacitating illness accounts for the larger human cost attributed to injuries due to their short-term effect.