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Better Business Cases for Capital Proposals Toolkit: Detailed Business Case

Publication Details

  • Better Business Cases for Capital Proposals Toolkit: Detailed Business Case
  • Published: 19 Aug 2011
  • Status: Current
  • Author: National, Infrastructure Unit
 

Better Business Cases for Capital Proposals Toolkit: Detailed Business Case

Published 19 Aug 2011

The Detailed Business Case incorporates:

  1. Options analysis
  2. Procurement planning
  3. Financial costing
  4. Project planning

Contents

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The Detailed Business Case - Overview

  • Purpose
  • When should a Detailed Business Case be Prepared?

Revisiting the Strategic and Economic Cases

  • Action 9: Revisit the Indicative Business Case and Confirm the Short List

Economic Case – Determining Potential Value for Money

  • Action 10: Economic Assessment of the Short Listed Options
  • Action 11: Intangible Benefits and Costs
  • Action 12: Risk and Uncertainty
  • Action 13: The Preferred Option and Sensitivity Analysis

Commercial Case - Preparing for the Potential Deal

  • Action 14: The Procurement Strategy
  • Action 15: Service Requirements
  • Action 16: Risk Allocation
  • Action 17: Payment Mechanisms
  • Action 18: Contractual and other Issues

Financial Case – Ascertaining Affordability and Funding Requirements

  • Action 19: The Financial Costing Model

Management Case: Planning for Successful Delivery

  • Action 20: Project Management Planning
  • Action 21: Change Management Planning
  • Action 22: Benefits Management Planning
  • Action 23: Risk Management Planning
  • Action 24: Post Project Evaluation Planning
  • The Chief Executive’s Statement
bbc-detailedbusiness.pdf (422 KB) pp. 41

Acknowledgements

This document was created using material provided by the United Kingdom (UK) HM Treasury and the State of Victoria Department of Treasury and Finance. Accordingly, ownership of any copyright in the information contained in this document belongs to the original copyright owners.

Other than as provided by the applicable copyright laws in each jurisdiction, permission to copy, distribute, adapt or otherwise use the information contained in this document, must be sought from the original copyright owner. The New Zealand Treasury wishes to acknowledge that the following documents were used and adapted for the purpose of creating this guidance:

  • The Five Case Model is the best practice standard recommended by the HM Treasury for the preparation of business cases. Refer to ‘Making Sense of Public Sector investments’ (2001) by Courtney A Smith and Joe Flanagan and the business case guidance at www.hm-treasury.gov.uk/data_greenbook_business.htm
  • The State of Victoria Department of Treasury and Finance Investment Management Standard provides a set of tools, including the Investment Logic Map (ILM) adopted in this guidance. Refer to www.dtf.vic.gov.au/investmentmanagement. This material is reproduced with permission and that copyright belongs to the State of Victoria. The State of Victoria is released from any liability associated with the subsequent use of the intellectual property associated with the material.

The New Zealand Treasury also wishes to acknowledge the assistance of the following agencies who contributed to the preparation of this guidance material: Internal Affairs, Department of Labour, Housing New Zealand Corporation, Inland Revenue, Ministry of Education, Ministry of Health, New Zealand Defence Force, State Services Commission and the Tertiary Education Commission.

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