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
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
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
Cost management is a critical element in early-stage transport infrastructure planning, where decisions can have long-term effects on the overall project cost. Therefore, optimising cost management in early-stage transport infrastructure planning is crucial
Transport infrastructure is a crucial element of modern society, connecting people and businesses across different regions and improving the overall quality of life. The UK government has long recognised transport infrastructure's importance and
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
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
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
The International Guide to Developing the Programme Business Case provides a comprehensive overview of the key elements of developing a project business case. It is designed to help project sponsors, executives, and other