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| '''Frequency < 1''' | | '''Frequency < 1''' |
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− | You could also have a frequency less than 1. For instance, maybe stakeholders have to do an activity every other year, or every 3 years. The way the RCC handles these cases depends on the stakeholder growth rate.
| + | Regulatory requirements sometimes state that the activity must be conducted less than once per year, or the activity may be contingent on an event that happens less than once per year. In these situations you may decide to use a frequency less than 1. |
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− | If the growth rate of the affected stakeholder group = 0, then there will be gaps in when the stakeholders incur the cost, and every 'n' years the count of stakeholders at the beginning of the analysis will incur the cost (for frequency =
| + | The way the RCC estimates impacts with frequency less than 1 depends on the stakeholder growth rate: whether it is negative, zero, or positive. But regardless of the stakeholder growth rate, the Start Year selected in the table on the Activities sheet will be the first year in which the impact occurs (note this is different compared to how previous versions of the RCC worked). |
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− | 1/n). | + | First let's imagine that the stakeholder growth rate is zero. In this case, the first year with an impact will be the Start Year, and since this is an ongoing activity the impact is assumed to happen at the end of the year. After the Start Year, there will be a gap with several years of $0 impacts. The number of years with $0 impacts before the next occurrence depends on the frequency - there will be 'n' years of $0 impacts if the frequency = "1/n". Since the growth rate is zero, the number of stakeholders conducting the activity will be constant. [[File:Zerogrowth.png|center|thumb|900x900px|Freq = 1/3, Existing Stakeholders = 100, Stakeholder Growth Rate = 0%|alt=]] |
− | [[File:Zerogrowth.png|center|thumb|900x900px|Freq = 1/3, Existing Stakeholders = 100, Stakeholder Growth Rate = 0%|alt=]] | |
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