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Impacts and Evaluation

Assessing the impact of an existing enterprise or a new project is often required in community and economic development. Impact analysis can be utilized in a variety of different scenarios and by using various methods.

It can be a component of a formal evaluation process for an organization or project. A quick read on Measuring Economic Impacts of Projects and Programs by the Economic Development Research Group will give you a primer on basic concepts of economic impact analysis.

An interesting approach is offered by the Genuine Progress Indicator

To measure the success of an organization and/or its programs and projects quantitative and qualitative indicators should be developed. Information on how to use quantitative and qualitative indicators to measure the success of programs and projects is widely available. This is an exaple of a set of Performance_Indicators