Provides a framework and tools to improve decision-making in relation to the costs and risks of investment.
In this collection
The better business case approach to spending proposals and business decisions involves:
- establishing a clear need for intervention
- setting clear objectives
- considering a wide range of potential solutions
- putting arrangements in place to successfully deliver the proposal.
At the outset of developing a project or programme business case – the ‘strategic assessment’ stage - it is recommended that a Project/Programme Outcome Profile is prepared. This process helps to provide clarity on how an initiative is to contribute to the government’s priority outcomes.