{"id":50,"date":"2013-11-13T09:10:06","date_gmt":"2013-11-13T09:10:06","guid":{"rendered":"http:\/\/ch2associates.co.uk\/wordpress\/?page_id=50"},"modified":"2014-06-25T08:26:39","modified_gmt":"2014-06-25T08:26:39","slug":"cost-modelling","status":"publish","type":"page","link":"http:\/\/ch2associates.co.uk\/wordpress\/services\/cost-modelling\/","title":{"rendered":"Cost Modelling"},"content":{"rendered":"<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft  wp-image-917\" title=\"Chart\" src=\"http:\/\/ch2associates.co.uk\/wordpress\/wp-content\/uploads\/2014\/02\/shutterstock_161220596-150x150.jpg\" alt=\"Chart\" width=\"150\" height=\"150\" \/>The cost modelling\u00a0service grew out of practical experience of a large municipal waste project. The cost model developed at the time\u00a0was\u00a0very focussed and not good at handling\u00a0ad-hoc questions about project options, risks, costs\u00a0and sensitivities. These\u00a0often went unanswered because re-running the\u00a0model was too difficult, or too expensive.<\/p>\n<p style=\"text-align: left;\">With this in mind, the CH2 system\u00a0was built from the ground up to take a deliberately structured and &#8220;holistic&#8221; view of an authority&#8217;s entire waste operation across multiple service options. It can track and cost materials\u00a0from the point of origin (households,\u00a0businesses)\u00a0and follows\u00a0every step of a typical municipal waste operation as each material progresses on it&#8217;s\u00a0journey from\u00a0collection through to\u00a0processing or final disposal. We believe this\u00a0approach is unique.<\/p>\n<p>The system is\u00a0designed to be flexible and exploit your existing cost and tonnage data. If you have detailed information, then\u00a0the system is capable of modelling\u00a0very sophisticated\u00a0operations. If you only have outline data don&#8217;t worry &#8211; we can handle that too. And, if you only want to model collection costs, or just end-processing costs, you can leave out the other\u00a0stages. In short, the model can be as simple or detailed as you want, and will use whatever data you already have.\u00a0Take a look at our <a title=\"Case studies\" href=\"http:\/\/ch2associates.co.uk\/wordpress\/?page_id=34\">case study<\/a> pages for examples of how some authorities have already used\u00a0the system.<\/p>\n<p>If you want to go further, we can also offer\u00a0more detailed simulation based on\u00a0<a href=\"http:\/\/en.wikipedia.org\/wiki\/Monte_Carlo_method\" target=\"_blank\">Monte Carlo techniques<\/a>. In this type of analysis, you identify the likely variations in your data (simplistically this can be thought of as the worst and\u00a0best case values) and we set up a model that tests 100&#8217;s, or even 1000&#8217;s of combinations of variables, allowing each one to change independently at random according to an agreed\u00a0probability profile. This\u00a0allows us to\u00a0arrive at a most likely cost projection and\u00a0predicted\u00a0cost variation envelope for any\u00a0of the project options.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cost modelling\u00a0service grew out of practical experience of a large municipal waste project. The cost model developed at the time\u00a0was\u00a0very focussed and not good at handling\u00a0ad-hoc questions about project options, risks, costs\u00a0and sensitivities. These\u00a0often went unanswered because re-running the\u00a0model was too difficult, or too expensive. With [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":30,"menu_order":1,"comment_status":"closed","ping_status":"open","template":"page-FullWidth.php","meta":{"_mi_skip_tracking":false,"footnotes":""},"class_list":["post-50","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"http:\/\/ch2associates.co.uk\/wordpress\/wp-json\/wp\/v2\/pages\/50","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/ch2associates.co.uk\/wordpress\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"http:\/\/ch2associates.co.uk\/wordpress\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"http:\/\/ch2associates.co.uk\/wordpress\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/ch2associates.co.uk\/wordpress\/wp-json\/wp\/v2\/comments?post=50"}],"version-history":[{"count":85,"href":"http:\/\/ch2associates.co.uk\/wordpress\/wp-json\/wp\/v2\/pages\/50\/revisions"}],"predecessor-version":[{"id":2286,"href":"http:\/\/ch2associates.co.uk\/wordpress\/wp-json\/wp\/v2\/pages\/50\/revisions\/2286"}],"up":[{"embeddable":true,"href":"http:\/\/ch2associates.co.uk\/wordpress\/wp-json\/wp\/v2\/pages\/30"}],"wp:attachment":[{"href":"http:\/\/ch2associates.co.uk\/wordpress\/wp-json\/wp\/v2\/media?parent=50"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}