Cost-Benefit Analysis Examples
Retail Environment Example
Initial Investment:
- Universal Design renovation: $250,000
- Traditional renovation: $180,000
- Additional UD cost: $70,000
Return on Investment (Year 1):
- 20% increase in customer dwell time
- 15% increase in sales
- 30% increase in repeat customers
- 25% reduction in customer complaints
- Payback period: 14 months
Office Environment Example
Initial Investment:
- UD workspace design: $180/sq ft
- Traditional design: $150/sq ft
- Additional UD cost: $30/sq ft
Return on Investment (Year 1):
- 22% reduction in sick days
- 18% increase in employee satisfaction
- 15% reduction in accommodation requests
- 25% reduction in workplace injuries
- Payback period: 24 months
Public Building Example
Initial Investment:
- UD implementation: $450,000
- Traditional design: $300,000
- Additional UD cost: $150,000
Return on Investment (Year 3):
- 40% reduction in retrofit costs
- 35% increase in building usage
- 28% reduction in maintenance costs
- 45% increase in user satisfaction
- Payback period: 36 months
Cost Mitigation Strategies:
1. Phased implementation
2. Integration with planned renovations
3. Tax incentives and grants
4. Energy efficiency savings
5. Reduced insurance premiums
6. Lower maintenance costs