Zofnass Economic Process Tool

Zofnass Economic Process Tool

Organization

Zofnass Programm by Harvard University and Institute for Sustainable Infrastructure

Type(s) of Tool

Economic / Financial ValuationsAnalyses the economic/financial value and risks related to projects.

Sector(s)

Tools applicable to all sectors

Lifecycle Phase(s)

Project PlanningGeneral strategy for a project’s delivery is developed., Concept DesignTechnical experts broadly outline the project’s basic characteristics., FinanceDevelopers decide how to pay for their project., Detailed DesignTechnical experts further elaborate the Concept Design., ConstructionThe asset is constructed in line with design, budget and timeline.

Open Source

Yes

Language Availability

English

Country of Origin

USA

Date of Development

2013

Version

2.0

Description

The Zofnass Economic Process Tool is a self-assessment platform that offers a fast and easy way to achieve preliminary quantification and monetization of sustainability externalities in infrastructure projects based on the Envision™ rating system. The tool provides information on the costs and benefits of (sustainable) infrastructure solutions and their externalities, which can be used to inform the design process of infrastructure projects and promote the implementation of sustainability strategies. Users introduce the values for evaluation themselves, using a comprehensive online form.

Tool Outcome

The Zofnass Economic Process Tool provides users with information the costs of sustainability externalities of infrastructure projects in the form of cost-benefit analysis and externalities monetization. This quantification can be used to inform the design process of infrastructure projects and promotes the implementation of sustainability strategies.

Sustainability Criteria

The tool measures sustainability externalities across 55 credits organized in five categories:
– Quality of life
– Leadership
– Resource allocation
– Natural world
– Climate & risk

Link to Product

http://economictool.zofnass.org

Contact Information