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How would one assess a project that provides a small part of a larger long-term project, or one of a series of projects?

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How would one assess a project that provides a small part of a larger long-term project, or one of a series of projects?

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An example would be a project to improve riparian vegetation in one small part of a river, as part of a plan to do it for the whole river. Or a project to protect and enhance an area of native vegetation in a region, with the aim of doing it for a much larger area over coming decades. A potential problem with small projects that are really part of a larger project is that the degree of change to the overall asset that they contribute may be very small and hard to estimate. It may require the full-scale, long-term project to achieve the goal that is really sought for the asset. There are two possible ways to handle this type of project in INFFER. (a) Evaluate the full-scale, long-term project. Specify the goal, the technical feasibility assumptions, and the costs to match this much larger project. This then gives an indication of whether it is worth proceeding with any constituent project. The advantage of this approach is that it may be easier to get realistic information about technic

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