Impact Assessment
/ˈɪmpækt əˌsɛsmənt/
Definitions
- (n.) A systematic process to identify, predict, and evaluate the legal, social, economic, or environmental consequences of a proposed action or decision.
The environmental impact assessment is required before the construction project can proceed.
- (n.) A procedural tool in regulatory and administrative law to ensure compliance with statutory mandates by assessing potential effects of policies or projects.
The agency completed a rigorous impact assessment to evaluate the new regulation's effects on small businesses.
Forms
- impact assessment
Related terms
See also
Commentary
Impact assessments are critical in legal drafting and policymaking to preemptively address consequences and fulfill statutory requirements.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.