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Near-Miss Reporting Programme ROI
Estimate ROI of a near-miss reporting programme — expected accident reduction × avoided cost.
Formula: expected_avoided_cost = annual_incident_cost_now * expected_reduction_pct / 100; net_annual_benefit = annual_incident_cost_now * expected_reduction_pct / 100 - annual_program_cost; roi_pct = (annual_incident_cost_now * expected_reduction_pct / 100 - annual_program_cost) / annual_program_cost * 100, when annual_program_cost > 0
Estimate ROI of a near-miss reporting programme — expected accident reduction × avoided cost.
Inputs
Results
Expected Avoided Cost
AED 105,000.00
Net Annual Benefit
AED 70,000.00
ROI
200 %
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Formula
expected_avoided_cost = annual_incident_cost_now * expected_reduction_pct / 100; net_annual_benefit = annual_incident_cost_now * expected_reduction_pct / 100 - annual_program_cost; roi_pct = (annual_incident_cost_now * expected_reduction_pct / 100 - annual_program_cost) / annual_program_cost * 100, when annual_program_cost > 0Use for estimation. Verify safety-critical calculations with qualified review.