How we appraise projects
The NWDA has a robust and visible appraisal process that meets
certain criteria set out by the Treasury, The Department for
Business, Enterprise & Regulatory Reform, and in some cases the
EU
Project Appraisal is the independent and objective process that
is used by all Regional Development Agencies to:
- Assess whether the project proposal is viable and
worthwhile
- Consider whether it is better than the alternative options
- Identify the risks and scale of any likely impacts to ourselves
and / or the delivery body
- Identify who the key beneficiaries of the project are likely to
be
- Clearly document and communicate the conclusions and
recommendations of the Appraisal Process