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
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
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
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
Appraising transport business cases solely from the Value for Money (VFM) framework, without considering social value criteria, can lead to several disadvantages for rural areas. Some of these disadvantages are:Neglecting the social impact:
The 4Es model is a framework that can be used to evaluate public sector projects' Value for Money (VFM). The 4Es stand for Economy, Efficiency, Effectiveness, and Equity. Each of these elements can
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