Socioeconomic Net Outcome Model
Socioeconomic Hierarchy of Controls and Sustainable Opportunity Realisation
The socioeconomic net outcome model is a tool for concurrently examining the positive and negative attributes of a project effect individually or as a collection or series of interconnected groups. The purpose is twofold, to enable users to filter:
- the negative effects through a socioeconomic hierarchy of controls (as with environmental effects) while simultaneously examining sustainable opportunity realisation options for positive effects; or
- the negative attributes of an effect through a socioeconomic hierarchy of controls (as with environmental effects) while simultaneously examining sustainable opportunity realisation options for the positive attributes of that effect.
Using this model will allow for a holistic approach to socioeconomic scoping, screening, assessments, and engagement through an objective evaluation of the balance between the positive and negative attributes of individual effects and inter-related or groups of effects.
