Canadian Centre for Economic Analysis
Business Cases, Impact Evaluations, and Appraisals
Business Cases, Impact Evaluations, and Appraisals Show your value with our advanced analytics Business Cases, Impact Evaluations, and Appraisals A business case demonstrates that an investment or policy change is the best overall solution to meeting an identified need or objective, and justifies why it should be executed and funded. Our multi-disciplinary teams work closely with our clients to…
Business Cases, Impact Evaluations, and Appraisals
Show your value with our advanced analyticsBusiness Cases, Impact Evaluations, and Appraisals
A business case demonstrates that an investment or policy change is the best overall solution to meeting an identified need or objective, and justifies why it should be executed and funded.
Our multi-disciplinary teams work closely with our clients to maximize success. Our business case development, assurance and assessment services include:
- Economic impact and cost-benefit analysis
- Economic assessment of industry, major projects, and infrastructure
- Socio-economic consequences of government policy
- Policy evaluation and regulatory assessments
- Establishing the need for intervention, including shaping and developing underlying strategic arguments and application of the "theory of change"
- Economic and people-centric narrative development and supporting analysis including wider impacts assessment
- Market research, quantitative and qualitative data collection
- Demand, revenue, and benefits forecasting
- Value for Money appraisals
- Monitoring and evaluation benefits realization
All of our business case and impacts analysis are:
- Comprehensive: Prepared using Canada’s largest and most comprehensive socio-economic platform, built to encapsulate relevant past experiences, behaviours, and future expectations. All historically relevant drivers are incorporated into our platform to ensure that their influence is determined by data and not by assumptions.
- Hyper-detail supported by a database: The information that accompanies our business case and impact analysis details the factors, relationships, and assumptions of the analysis and the balance of risks surrounding them. This information can be vitally valuable to ways in which a business case is crafted. For these reasons, we provide you with a database of results that you can interrogate and mine.
- Regional: Our business case and impact analysis are prepared according to your choice of region and time horizon, ranging from months to decades.
- Customized for insights : Our business case and impact analysis can incorporate your nuanced take on how your case for change affects the future. Given our agent-based model paradigm, we are able to incorporate changes in behaviours, timing, and location of events, externalities, and the increase/decrease in constraints on people, firm, and government actions.
- Reconciled baselines and scenarios: All business case and impact analyses are baseline-reconciled to widely accepted industry expert opinions, Bank of Canada macro-economic forecasts, and Statistics Canada population forecasts. All differences between the micro business case detail provided by us and the macro expectations by experts and authorities are reconciled with differences validated and explained.
- Flexible and customizable: A business case and impact analysis process can vary across organizations depending on industry-specific factors and how the analysis is being used. While accurate and comprehensive, our impact analysis is flexible and detailed enough to inform a range of critical business decisions. This includes topics such as investment strategies, sales, production, workforce, location, and more. We can develop customized scenarios at a micro level to cater to different organizational needs. Additionally, sensitivity analysis can be performed to help you understand the effect of fluctuations in key variables on your decision-making process.