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Efficiency Measures Key

Efficiency Measures Key



= capital cost = cost effectiveness = implementation complexity



No cost
Zero Capital cost


Immediate Payback
Measure pays for itself immediately.
Simple
Requires no technical knowledge and is easily done.


Low Cost
A relatively small investment needed.


Short Payback
Measure typically pays for itself in under a year.


Low Complexity
Requires basic craft skills to implement.




Medium Cost
Some investment needed.

Medium Payback
Measure typically pays for itself in less than two years.


Medium Complexity
Will require some specialist knowledge and craft skills to implement. Larger organisations may have the skills in-house.




High Cost
Substantial capital investment required.

Longer Payback
Measure typically takes greater than two years to pay for itself.

High Complexity
Significant technical experience needed, even larger organisations will probably require the assistance of outside specialists.




For Example:

No cost/immediate payback/simple - the measure will not require any capital investment, will give an immediate financial saving and is simple to implement.
= Medium cost/short payback/low complexity - the measure is likely to require a noticeable capital investment, but will pay for itself quickly and be fairly straightforward to implement.