Cost and Benefit Analyses – Lives Lived Well

Cost and Benefit Analyses – Lives Lived Well

Lives Lived Well (LLW) is a not-for-profit organisation with over 40 years of experience working to assist people impacted by drugs, alcohol and mental health issues. LLW operates 36 centres across Queensland and seven centres across New South Wales that offer a number of support services, including (but not limited to) residential rehabilitation, inpatient detox and rehabilitation day programs.

LLW engaged HMA to undertake cost benefit analyses to support grant submissions for funding for new service centres in Queensland. Our analyses included:

  • Calculation of a net present value (NPV) for the proposed centres to establish investment viability. This required determining the costs and monetising societal benefits over a 20-year timeframe to understand the value of the service.
  • Development of a benefit to cost ratio (BCR) to provide the expected return on investment (ROI).

The projects were undertaken from November 2021 to January 2022, and January to February 2022.

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Postal Address

PO Box 1242
Robinson VIC 3019

Physical Address

Melbourne

Phone

03 8415 0936

HMA acknowledges Traditional Owners of Country throughout Australia and recognises the continuing connection to lands, waters and communities.
We pay our respect to Aboriginal and Torres Strait Islander cultures, and to Elders both past and present.