August 19, 2023 0 Comments

In government-funded infrastructure projects, precision in cost estimation and value-for-money assessment is paramount, mainly when projects are in their nascent, early design stages. At this critical juncture, when project details are often scant,

August 3, 2023 1 Comment

The Green Book is a set of guidelines issued by HM Treasury on how to appraise policies, programmes, and projects. Government departments and agencies use it to assess the costs and benefits of

May 12, 2023 0 Comments

In transport infrastructure projects, ensuring value for money is essential. This means that the benefits of the project should outweigh the costs. Several key metrics and techniques can be used in the appraisal

May 9, 2023 0 Comments

Civil engineers play a critical role in designing and constructing infrastructure projects that significantly impact society. One of the challenges they face in quantifying the social values associated with these projects, such as

May 4, 2023 0 Comments

If you're involved in developing a business case for a transport infrastructure project, it's essential to ensure that it's financially viable and provides value for money. The Green Book 2022 and DfT Value

May 2, 2023 0 Comments

The Five Case Model is a widely used framework for evaluating projects and investments. In this guide, we'll explore the economic dimension of the model, which focuses on the financial aspects of a

May 2, 2023 0 Comments

HM Treasury's The Green Book provides instructions on how to evaluate policies, programmes, and projects. Additionally, it offers advice on the planning and correct employment of monitoring and evaluation before, throughout, and after

May 2, 2023 0 Comments

If you're involved in developing a business case for a transport infrastructure project, it's essential to ensure that it's financially viable and provides Value for Money. The Green Book 2022 and DfT Value

April 16, 2023 0 Comments

APPROACH NUMBER ONE:The Green Book 2022 is a guide to appraising public sector investment projects in the UK. It guides how to quantify the social value of transport infrastructure projects, including the following:Time

October 3, 2022 0 Comments

What is a Should Cost Model? Introduction to Should Cost Models An SCM forecasts what a service, project, or program should cost over its lifetime. As summarised below, SCMs may vary in design

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