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Using the EcoMetrics interview guide,the EcoMetrics LLC team will mix qualitative and quantitative <br /> inquiry to measure perceptions of change and outcomes of the project as well as describe what those <br /> numerical attributions meant to each participant and their relative stakeholder groups. <br /> Task S. Identify and Value Inputs and Outputs <br /> EcoMetrics LLC will incorporate information about resources invested in the project efforts. Inputs <br /> include values for labor,time, land, research, and dollars invested by relevant stakeholders and project <br /> owners.The inputs of other stakeholder categories will be considered if those inputs are determined to <br /> be relevant to the material (financial) execution of the project.These inputs are necessary to ascertain <br /> ROI by comparing to outputs and outcomes. Outputs are specific changes that occur for each input. <br /> Task 6. Identify Outcomes <br /> Outcomes will be identified by first analyzing collected material from the qualitative phase. Outcomes <br /> are the impacts resulting from the outputs of the effort. Some outcomes are positive and beneficial and <br /> referred to as benefits. However, negative impacts are accounted for in order to present a balanced and <br /> objective analysis. Collected data will be analyzed to determine frequencies, differences, and similarities <br /> of outcomes identified by participants across stakeholder categories as well as by the research and data <br /> collection by EcoMetrics LLC,working in conjunction with the project team. <br /> EcoMetrics LLC will create an Impact Map of relationships between objectives, inputs, outputs, and <br /> outcomes. In order to properly analyze and value the outcomes, several steps are taken, particularly to <br /> deal with social values. EcoMetrics LLC will develop a Theory of Change as perceived by stakeholders. <br /> The Theory of Change describes and summarizes the objectives, inputs,outputs, and outcomes of <br /> programs and activities for different stakeholder groups.The Theory of Change will delineate how <br /> varying stakeholder groups experience and perceive material change resulting from the inputs to the <br /> project. <br /> Task 7. Quantify Outcomes <br /> EcoMetrics LLC will compile, assess and integrate the most current peer-reviewed materials that support <br /> our analysis to quantify the outcomes. Quantification will be based on applicable and accepted <br /> methodologies using the most geographically and project-specific information available. <br /> Task 8. Determine Monetized Values for Outcomes <br /> EcoMetrics LLC will compile, assess and integrate the most current peer-reviewed materials that support <br /> our analytical outcomes to inform the calculation of financial proxies across outcomes. Using this <br /> information, EcoMetrics LLC will determine quantified values (in monetary terms)for outcomes. <br /> Based on feedback from stakeholder engagement and independent analysis, EcoMetrics LLC will <br /> evaluate objectives, inputs, outputs,and outcomes,to develop an appropriate stakeholder weighting <br /> scheme to apply financial equivalents (via proxies) developed using primary and secondary resources. In <br /> addition, EcoMetrics LLC will correct valuation as follows: <br /> • Apply discount factors <br /> Discount factors will be used to correct outcome valuation.There are four categories of <br /> discount factors the EcoMetrics team will examine: <br /> ■ Counterfactual (deadweight): Might this change happen anyway? <br /> ■ Attribution: What else might contribute to the outcomes? <br /> ■ Displacement: What might be displaced by the outcomes? <br /> 7 <br />