The cost of carrying out an environmental impact assessment can be a significant part of the development and design costs of the development project. In a remarkable way, EIA costs are difficult to predict at the start of the project. This uncertainty is mainly due to the initial lack of knowledge of the environmental state of the development site. As the project progresses, your site's knowledge is gradually increasing and new costs may arise, while certain risks may be reduced. Particularly in the current economic context, the costs and risks of environmental impact assessment should be clearly understood in the early stages of the project
The first step in cost-effective cost management of environmental impact assessment is to conduct a thorough environmental impact assessment. The results of the study on environmental impact assessment should clearly understand basic site characteristics and likely environmental risks and sensitivities. It should also contain a clear program of how to address the issues identified in the further environmental impact assessment.
After careful environmental impact assessment, they remain uncertain. However, these uncertainties are more manageable. For example, when studying the environmental impact study, it was found that important archeological finds were not observed in the wider area. The next step is to perform a geophysical on-site survey. Depending on the results of the survey, a digestive examination may be required.
There are three uncertainties that determine the ultimate cost of archaeological work as part of an environmental impact assessment. Firstly, there is uncertainty about the exact cost of the geophysical survey. The margin of error should be relatively small as it is a fairly specific activity. The second uncertainty is whether the results of the survey indicate the need for further work or not. This is a yes or no problem where uncertainty concerns the chances of further work being needed. Finally, the third uncertainty is related to the cost of the intervention.
The Monte Carlo cost estimation system is ideally suited to addressing such uncertainties. The results of the Monte Carlo cost accounting system are usually a set of potential project costs, with the likelihood that some of these costs can not be exceeded. Thus, the combination of stringent environmental impact assessment and Monte Carlo cost estimation techniques are a key tool for cost-effective environmental impact assessment.
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