Business case for construction projects - Revision history

Editor at 19:24, 20 January 2022

2022-01-20T19:24:10Z

← Older revision		Revision as of 19:24, 20 January 2022
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	= Introduction =		= Introduction =

−	The CIOB Code of practice for project management 4th edition, defines a business case as the 'Information necessary to enable approval, authorisation and policy-making bodies to assess a project proposal and reach a reasoned decision.	+	The CIOB Code of practice for project management 4th edition, defines a business case as the 'Information necessary to enable approval, authorisation and policy-making bodies to assess a project proposal and reach a reasoned decision'.

	In the very early stages of a project, a preliminary business case should be prepared. This is then developed into a detailed business case for the preferred option after feasibility studies and options appraisals have been carried out. The detailed business case is the document that will be used to determine whether authority should be given for the preferred option to progress to the next stage (concept design).		In the very early stages of a project, a preliminary business case should be prepared. This is then developed into a detailed business case for the preferred option after feasibility studies and options appraisals have been carried out. The detailed business case is the document that will be used to determine whether authority should be given for the preferred option to progress to the next stage (concept design).

94.195.54.195 at 19:12, 20 January 2022

2022-01-20T19:12:49Z

← Older revision		Revision as of 19:12, 20 January 2022
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	= Introduction =		= Introduction =

−	The CIOB Code of practice for project management 4th edition, defines a business case as the 'Information necessary to enable approval, authorisation and policy-making bodies to assess a project proposal and reach a reasoned decision.~~'ttg~~	+	The CIOB Code of practice for project management 4th edition, defines a business case as the 'Information necessary to enable approval, authorisation and policy-making bodies to assess a project proposal and reach a reasoned decision.

	In the very early stages of a project, a preliminary business case should be prepared. This is then developed into a detailed business case for the preferred option after feasibility studies and options appraisals have been carried out. The detailed business case is the document that will be used to determine whether authority should be given for the preferred option to progress to the next stage (concept design).		In the very early stages of a project, a preliminary business case should be prepared. This is then developed into a detailed business case for the preferred option after feasibility studies and options appraisals have been carried out. The detailed business case is the document that will be used to determine whether authority should be given for the preferred option to progress to the next stage (concept design).

94.195.54.195 at 19:12, 20 January 2022

2022-01-20T19:12:12Z

← Older revision		Revision as of 19:12, 20 January 2022
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	= Introduction =		= Introduction =

−	The CIOB Code of practice for project management 4th edition, defines a business case as the 'Information necessary to enable approval, authorisation and policy-making bodies to assess a project proposal and reach a reasoned decision.'	+	The CIOB Code of practice for project management 4th edition, defines a business case as the 'Information necessary to enable approval, authorisation and policy-making bodies to assess a project proposal and reach a reasoned decision.'ttg

	In the very early stages of a project, a preliminary business case should be prepared. This is then developed into a detailed business case for the preferred option after feasibility studies and options appraisals have been carried out. The detailed business case is the document that will be used to determine whether authority should be given for the preferred option to progress to the next stage (concept design).		In the very early stages of a project, a preliminary business case should be prepared. This is then developed into a detailed business case for the preferred option after feasibility studies and options appraisals have been carried out. The detailed business case is the document that will be used to determine whether authority should be given for the preferred option to progress to the next stage (concept design).

Editor at 17:32, 17 January 2022

2022-01-17T17:32:25Z

← Older revision		Revision as of 17:32, 17 January 2022
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	[https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/749086/Project_Business_Case_2018.pdf Guide to developing the project business case, Better business cases: for better outcomes], published by HM Treasury in 2018, defines a business case as: ‘A management tool that records the current state of evidence and thinking concerning the development approval and implementation of proposal. It supports the processes of scoping, analysis, appraisal, planning, monitoring, evaluating, approval and implementation a proposal and is the repository for the evidence base.’		[https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/749086/Project_Business_Case_2018.pdf Guide to developing the project business case, Better business cases: for better outcomes], published by HM Treasury in 2018, defines a business case as: ‘A management tool that records the current state of evidence and thinking concerning the development approval and implementation of proposal. It supports the processes of scoping, analysis, appraisal, planning, monitoring, evaluating, approval and implementation a proposal and is the repository for the evidence base.’

−	= Related articles on Designing Buildings ~~Wiki~~ =	+	= Related articles on Designing Buildings =

	* Accounting.		* Accounting.
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	* Demonstration project.		* Demonstration project.
	* Development appraisal.		* Development appraisal.
		+	* Development proposal DP.
	* Direct cost.		* Direct cost.
	* Environmental scanning.		* Environmental scanning.

Designing Buildings at 09:34, 11 January 2021

2021-01-11T09:34:08Z

← Older revision		Revision as of 09:34, 11 January 2021
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	* Net Present Value.		* Net Present Value.
	* Officials pledge to continue housebuilding work.		* Officials pledge to continue housebuilding work.
		+	* Outline business case.
	* Overheads.		* Overheads.
	* Preliminary business case.		* Preliminary business case.

Designing Buildings at 09:27, 11 January 2021

2021-01-11T09:27:04Z

← Older revision		Revision as of 09:27, 11 January 2021
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	* Budget.		* Budget.
	* Business.		* Business.
		+	* Business justification case.
	* Cash flow.		* Cash flow.
	* Client requirements.		* Client requirements.
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	* Direct cost.		* Direct cost.
	* Environmental scanning.		* Environmental scanning.
		+	* Full business case.
	* Funding options.		* Funding options.
	* Funding prospectus.		* Funding prospectus.

Designing Buildings at 09:07, 8 January 2021

2021-01-08T09:07:14Z

← Older revision		Revision as of 09:07, 8 January 2021
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		+	= Introduction =
		+
	The CIOB Code of practice for project management 4th edition, defines a business case as the 'Information necessary to enable approval, authorisation and policy-making bodies to assess a project proposal and reach a reasoned decision.'		The CIOB Code of practice for project management 4th edition, defines a business case as the 'Information necessary to enable approval, authorisation and policy-making bodies to assess a project proposal and reach a reasoned decision.'

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	Preparing a business case may require input from independent client advisers (such as management accountants, business development advisers, facilities managers, specialist advisers such as IT consultants, etc.), but generally, it will be prepared and 'owned' by the client, who can learn a considerable amount about themselves and their project through the process of writing the business case.		Preparing a business case may require input from independent client advisers (such as management accountants, business development advisers, facilities managers, specialist advisers such as IT consultants, etc.), but generally, it will be prepared and 'owned' by the client, who can learn a considerable amount about themselves and their project through the process of writing the business case.
		+
		+	= Contents =

	A business case may include:		A business case may include:
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	External consultants may be brought in to review a draft business case before it is finalised or circulated to a wider audience.		External consultants may be brought in to review a draft business case before it is finalised or circulated to a wider audience.
		+
		+	= Other definitions =

	NB The [https://www.ribaplanofwork.com/Help/Glossary.aspx RIBA Plan of Work 2013] defines the business case as: '...the rationale behind the initiation of a new building project. It may consist solely of a reasoned argument. It may contain supporting information, financial appraisals or other background information. It should also highlight initial considerations for the Project Outcomes. In summary, it is a combination of objective and subjective considerations. The Business Case might be prepared in relation to, for example, appraising a number of sites or in relation to assessing a refurbishment against a new build option.'		NB The [https://www.ribaplanofwork.com/Help/Glossary.aspx RIBA Plan of Work 2013] defines the business case as: '...the rationale behind the initiation of a new building project. It may consist solely of a reasoned argument. It may contain supporting information, financial appraisals or other background information. It should also highlight initial considerations for the Project Outcomes. In summary, it is a combination of objective and subjective considerations. The Business Case might be prepared in relation to, for example, appraising a number of sites or in relation to assessing a refurbishment against a new build option.'
		+
		+	[https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/749086/Project_Business_Case_2018.pdf Guide to developing the project business case, Better business cases: for better outcomes], published by HM Treasury in 2018, defines a business case as: ‘A management tool that records the current state of evidence and thinking concerning the development approval and implementation of proposal. It supports the processes of scoping, analysis, appraisal, planning, monitoring, evaluating, approval and implementation a proposal and is the repository for the evidence base.’

	= Related articles on Designing Buildings Wiki =		= Related articles on Designing Buildings Wiki =
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	* Yield.		* Yield.

−	== External ~~links =~~=	+	= External references =

	* HM Treasury: [http://webarchive.nationalarchives.gov.uk/20130129110402/http://www.hm-treasury.gov.uk/data_greenbook_business.htm Business Case Guidance].		* HM Treasury: [http://webarchive.nationalarchives.gov.uk/20130129110402/http://www.hm-treasury.gov.uk/data_greenbook_business.htm Business Case Guidance].

Editor: Reverted edits by 193.133.28.253 (talk) to last revision by Editor

2020-10-14T13:15:40Z

Reverted edits by 193.133.28.253 (talk) to last revision by Editor

← Older revision		Revision as of 13:15, 14 October 2020
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	In the very early stages of a project, a preliminary business case should be prepared. This is then developed into a detailed business case for the preferred option after feasibility studies and options appraisals have been carried out. The detailed business case is the document that will be used to determine whether authority should be given for the preferred option to progress to the next stage (concept design).		In the very early stages of a project, a preliminary business case should be prepared. This is then developed into a detailed business case for the preferred option after feasibility studies and options appraisals have been carried out. The detailed business case is the document that will be used to determine whether authority should be given for the preferred option to progress to the next stage (concept design).

−	Preparing a business case may require input from independent client advisers (such as management accountants, business development advisers, facilities managers, specialist advisers such as IT consultants, etc.), but generally, it will be prepared and 'owned' by the client, who can learn a considerable amount about themselves and their project through the process of writing the business case. ~~lol~~	+	Preparing a business case may require input from independent client advisers (such as management accountants, business development advisers, facilities managers, specialist advisers such as IT consultants, etc.), but generally, it will be prepared and 'owned' by the client, who can learn a considerable amount about themselves and their project through the process of writing the business case.

	A business case may include:		A business case may include:

193.133.28.253 at 12:47, 14 October 2020

2020-10-14T12:47:36Z

← Older revision		Revision as of 12:47, 14 October 2020
Line 3:		Line 3:
	In the very early stages of a project, a preliminary business case should be prepared. This is then developed into a detailed business case for the preferred option after feasibility studies and options appraisals have been carried out. The detailed business case is the document that will be used to determine whether authority should be given for the preferred option to progress to the next stage (concept design).		In the very early stages of a project, a preliminary business case should be prepared. This is then developed into a detailed business case for the preferred option after feasibility studies and options appraisals have been carried out. The detailed business case is the document that will be used to determine whether authority should be given for the preferred option to progress to the next stage (concept design).

−	Preparing a business case may require input from independent client advisers (such as management accountants, business development advisers, facilities managers, specialist advisers such as IT consultants, etc.), but generally, it will be prepared and 'owned' by the client, who can learn a considerable amount about themselves and their project through the process of writing the business case.	+	Preparing a business case may require input from independent client advisers (such as management accountants, business development advisers, facilities managers, specialist advisers such as IT consultants, etc.), but generally, it will be prepared and 'owned' by the client, who can learn a considerable amount about themselves and their project through the process of writing the business case. lol

	A business case may include:		A business case may include:

Editor at 16:42, 8 September 2020

2020-09-08T16:42:19Z

← Older revision		Revision as of 16:42, 8 September 2020
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	* Value added.		* Value added.
	* Vision.		* Vision.
		+	* What makes good design?
	* Whole-life costs.		* Whole-life costs.
	* Yield.		* Yield.