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Without Site Visit
Also known as a Level-2 Study.

Any study, such as a reserve study or condition assessment, that does not require the consultant to attend (or return) to the site.


The benefits and pros of an un update without site visit:
  • Quick and cheap to prepare.
  • Easy to adjust the financial assumptions.
Some of the disadvantages of an update without site visit are:
  • Lower level of accuracy in the physical assumptions.
  • Absence of current empirical data.
Update studies without a site visit are not permitted in some jurisdictions, such as British Columbia.
For an update study, data is collected and analyzed at a desktop
Fig. Data is collected and analyzed at a desktop.

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