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LESSONS LEARNED
The Tideway Legacy Programme learned several important lessons about valuing legacy programmes.
These could be very helpful for other major infrastructure projects seeking to conduct future social value assessments:
1. 2. 3. 4. 5.
Set The Scope
Have a clear idea of what is to be evaluated and what should be left outside the scope of the exercise.
Think Smart
Define the programme/intervention to be valued in terms of specific, measurable and achievable (SMART) outcomes
Make It Provable
Ensure that the social value of the indicators related to a particular objective can be easily proved
Define The Process
Set up a process for data collection / monitoring / reporting so that the unit quantity for these outcomes can be easily determined
Be Prepared
Make a plan for social value assessment before you start the programme.
For more detail about each of these lessons learned, please see the full Technical Report.