Preliminary business case for construction project - Revision history

Editor at 13:49, 6 September 2021

2021-09-06T13:49:13Z

← Older revision		Revision as of 13:49, 6 September 2021
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	* Funding options.		* Funding options.
	* Funding prospectus.		* Funding prospectus.
		+	* Mission statement.
	* Options appraisals.		* Options appraisals.
	* Risk.		* Risk.

Designing Buildings at 08:03, 1 October 2020

2020-10-01T08:03:24Z

← Older revision		Revision as of 08:03, 1 October 2020
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	Once feasibility studies and options appraisals have been carried out by the consultant team, the preliminary business case should be developed into a full business case for the preferred option. The full business case is the document that will be used to obtain authority for the preferred option to progress to concept design.		Once feasibility studies and options appraisals have been carried out by the consultant team, the preliminary business case should be developed into a full business case for the preferred option. The full business case is the document that will be used to obtain authority for the preferred option to progress to concept design.
−
−	~~[[File:C_link_property_development_for_SMEs.png\|link=http://zpr.io/gk2hG]]~~

	= Related articles on Designing Buildings Wiki =		= Related articles on Designing Buildings Wiki =

Designing Buildings at 07:52, 23 September 2020

2020-09-23T07:52:05Z

← Older revision		Revision as of 07:52, 23 September 2020
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	Once feasibility studies and options appraisals have been carried out by the consultant team, the preliminary business case should be developed into a full business case for the preferred option. The full business case is the document that will be used to obtain authority for the preferred option to progress to concept design.		Once feasibility studies and options appraisals have been carried out by the consultant team, the preliminary business case should be developed into a full business case for the preferred option. The full business case is the document that will be used to obtain authority for the preferred option to progress to concept design.

−	[[File:~~C link property development for SMEs~~.png\|link=http://zpr.io/gk2hG]]	+	[[File:C_link_property_development_for_SMEs.png\|link=http://zpr.io/gk2hG]]

	= Related articles on Designing Buildings Wiki =		= Related articles on Designing Buildings Wiki =
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	* HM Treasury: [http://www.hm-treasury.gov.uk/data_greenbook_index.htm Green Book], a framework for the appraisal and evaluation of projects.		* HM Treasury: [http://www.hm-treasury.gov.uk/data_greenbook_index.htm Green Book], a framework for the appraisal and evaluation of projects.

−	[[Category:Cost_/_business_planning]]	+	[[Category:DCN_Definition]] [[Category:DCN_Guidance]] [[Category:DCN_Template]] [[Category:Cost_/_business_planning]]

Designing Buildings at 12:59, 25 June 2019

2019-06-25T12:59:26Z

← Older revision		Revision as of 12:59, 25 June 2019
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	Once feasibility studies and options appraisals have been carried out by the consultant team, the preliminary business case should be developed into a full business case for the preferred option. The full business case is the document that will be used to obtain authority for the preferred option to progress to concept design.		Once feasibility studies and options appraisals have been carried out by the consultant team, the preliminary business case should be developed into a full business case for the preferred option. The full business case is the document that will be used to obtain authority for the preferred option to progress to concept design.

−	= ~~Find out more =~~	+	[[File:C link property development for SMEs.png\|link=http://zpr.io/gk2hG]]

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

	* Benchmarking.		* Benchmarking.
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	* Whole-life costs.		* Whole-life costs.

−	=== External links ===	+	= External links =

	* [http://webarchive.nationalarchives.gov.uk/20100503135839/http://www.ogc.gov.uk/documentation_and_templates_business_case.asp OGC guidance on business cases].		* [http://webarchive.nationalarchives.gov.uk/20100503135839/http://www.ogc.gov.uk/documentation_and_templates_business_case.asp OGC guidance on business cases].

Editor at 12:43, 27 February 2018

2018-02-27T12:43:43Z

← Older revision		Revision as of 12:43, 27 February 2018
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	* Business case.		* Business case.
	* Cash flow.		* Cash flow.
		+	* Client requirements.
	* Constraints.		* Constraints.
	* Contingencies.		* Contingencies.

Editor at 12:02, 5 October 2016

2016-10-05T12:02:19Z

← Older revision		Revision as of 12:02, 5 October 2016
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−
	The preliminary business case sets out a justification for the investment that would be required by a potential development. It is used to decide whether the potential project merits being investigated in more detail.		The preliminary business case sets out a justification for the investment that would be required by a potential development. It is used to decide whether the potential project merits being investigated in more detail.

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	A preliminary business case may include:		A preliminary business case may include:
−	*Funding options.
−	*Legal agreements.
−	*Management structure.
−	*Objectives and mission statement.
−	*An assessment of constraints.
−	*Alternative solutions, such as refurbishment, or changing operational practices.
−	*A summary of options considered and discarded.
−	*Assessment of the main hurdles to surmount, show-stoppers, uncertainties and risks.
−	*Assessment of previous similar projects and lessons learned.
−	*Assumed procurement route.
−	*Assumed programme and phasing.
−	*A schedule of consultants that will be required.
−	*The market and competition.
−	*The budget, inclusions and exclusions and contingency allowance.
−	*A description of the business needs, benefits and keys to success and value.
−	*Public relations and external communications strategy.
−	*An assessment of any political consequences of the project.
−	*An assessment of the likely costs for the next stage.
−	*A proposal for the way forward.
−	*Relevant research, including assessment of similar facilities.

−	The preliminary business case is likely to be in a report format, however, where possible, information and requirements should be scheduled in a database or spreadsheet format that will be easy to expand and will be easy to use to test whether proposals satisfy requirements later in the project.~~<br/>~~	+	* Funding options.
		+	* Legal agreements.
		+	* Management structure.
		+	* Objectives and mission statement.
		+	* An assessment of constraints.
		+	* Alternative solutions, such as refurbishment, or changing operational practices.
		+	* A summary of options considered and discarded.
		+	* Assessment of the main hurdles to surmount, show-stoppers, uncertainties and risks.
		+	* Assessment of previous similar projects and lessons learned.
		+	* Assumed procurement route.
		+	* Assumed programme and phasing.
		+	* A schedule of consultants that will be required.
		+	* The market and competition.
		+	* The budget, inclusions and exclusions and contingency allowance.
		+	* A description of the business needs, benefits and keys to success and value.
		+	* Public relations and external communications strategy.
		+	* An assessment of any political consequences of the project.
		+	* An assessment of the likely costs for the next stage.
		+	* A proposal for the way forward.
		+	* Relevant research, including assessment of similar facilities.
		+
		+	The preliminary business case is likely to be in a report format, however, where possible, information and requirements should be scheduled in a database or spreadsheet format that will be easy to expand and will be easy to use to test whether proposals satisfy requirements later in the project.

	When, or if consultants are appointed, the preliminary business case should be updated to include their feedback and recommendations.		When, or if consultants are appointed, the preliminary business case should be updated to include their feedback and recommendations.
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	=== Related articles on Designing Buildings Wiki ===		=== Related articles on Designing Buildings Wiki ===
−	*Benchmarking.	+
−	*Budget.	+	* Benchmarking.
−	*Business case.	+	* Budget.
−	*Cash flow.	+	* Business case.
−	*Contingencies.	+	* Cash flow.
−	*Cost plans.	+	* Constraints.
−	*Development appraisal.	+	* Contingencies.
−	*Feasibility studies.	+	* Cost plans.
−	*Funding options.	+	* Development appraisal.
−	*Funding prospectus.	+	* Feasibility studies.
−	*Options appraisals.	+	* Funding options.
−	*Risk.	+	* Funding prospectus.
−	*Risk management.	+	* Options appraisals.
−	*Risk register.	+	* Risk.
−	*Whole-life costs.	+	* Risk management.
		+	* Risk register.
		+	* Whole-life costs.

	=== External links ===		=== External links ===
−	*[http://webarchive.nationalarchives.gov.uk/20100503135839/http://www.ogc.gov.uk/documentation_and_templates_business_case.asp OGC guidance on business cases].	+
−	*HM Treasury: [http://www.hm-treasury.gov.uk/data_greenbook_index.htm Green Book], a framework for the appraisal and evaluation of projects.	+	* [http://webarchive.nationalarchives.gov.uk/20100503135839/http://www.ogc.gov.uk/documentation_and_templates_business_case.asp OGC guidance on business cases].
		+	* HM Treasury: [http://www.hm-treasury.gov.uk/data_greenbook_index.htm Green Book], a framework for the appraisal and evaluation of projects.

	[[Category:Cost_/_business_planning]]		[[Category:Cost_/_business_planning]]

Designing Buildings at 10:08, 27 May 2015

2015-05-27T10:08:54Z

← Older revision		Revision as of 10:08, 27 May 2015
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	=== External links ===		=== External links ===
	*[http://webarchive.nationalarchives.gov.uk/20100503135839/http://www.ogc.gov.uk/documentation_and_templates_business_case.asp OGC guidance on business cases].		*[http://webarchive.nationalarchives.gov.uk/20100503135839/http://www.ogc.gov.uk/documentation_and_templates_business_case.asp OGC guidance on business cases].
−	*HM Treasury: [http://www.hm-treasury.gov.uk/data_greenbook_business.htm Business Case Guidance].
	*HM Treasury: [http://www.hm-treasury.gov.uk/data_greenbook_index.htm Green Book], a framework for the appraisal and evaluation of projects.		*HM Treasury: [http://www.hm-treasury.gov.uk/data_greenbook_index.htm Green Book], a framework for the appraisal and evaluation of projects.

	[[Category:Cost_/_business_planning]]		[[Category:Cost_/_business_planning]]

Designing Buildings at 10:31, 3 February 2015

2015-02-03T10:31:10Z

← Older revision		Revision as of 10:31, 3 February 2015
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	The preliminary business case sets out a justification for the investment that would be required by a potential development. It is used to decide whether the potential project merits being investigated in more detail.		The preliminary business case sets out a justification for the investment that would be required by a potential development. It is used to decide whether the potential project merits being investigated in more detail.

−	A preliminary business case should be prepared very early in the project, before any decision has been made to proceed. It allows the client to explore high level options for meeting the requirements set out in the statement of need. This may include an assessment of comparable projects.	+	A preliminary business case should be prepared very early in the project, before any decision has been made to proceed. It allows the client to explore high level options for meeting the requirements set out in the statement of need. This may include an assessment of comparable projects.

−	Experienced clients may have in-house expertise allowing them to prepare a preliminary business case. However, some clients will not have the full range of skills required and may wish to appoint independent client advisers to assist them.	+	Experienced clients may have in-house expertise allowing them to prepare a preliminary business case. However, some clients will not have the full range of skills required and may wish to appoint independent client advisers to assist them.

	A preliminary business case may include:		A preliminary business case may include:
Line 12:		Line 12:
	*Objectives and mission statement.		*Objectives and mission statement.
	*An assessment of constraints.		*An assessment of constraints.
		+	*Alternative solutions, such as refurbishment, or changing operational practices.
	*A summary of options considered and discarded.		*A summary of options considered and discarded.
	*Assessment of the main hurdles to surmount, show-stoppers, uncertainties and risks.		*Assessment of the main hurdles to surmount, show-stoppers, uncertainties and risks.

Designing Buildings at 10:25, 3 February 2015

2015-02-03T10:25:34Z

← Older revision		Revision as of 10:25, 3 February 2015
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−	The preliminary business case ~~is the first attempt to justify~~ the investment required by a potential development. It is used to decide whether the potential project merits being investigated in more detail.	+	The preliminary business case sets out a justification for the investment that would be required by a potential development. It is used to decide whether the potential project merits being investigated in more detail.

−	A preliminary business case should be prepared very early in the project, before any decision has been made to proceed. It allows the client to explore high level options for meeting the requirements set out in the statement of need. This may include an assessment of comparable projects~~. They should also undertake risk assessment and value management exercises~~.	+	A preliminary business case should be prepared very early in the project, before any decision has been made to proceed. It allows the client to explore high level options for meeting the requirements set out in the statement of need. This may include an assessment of comparable projects.

−	~~Very experienced~~ clients may have in-house expertise allowing them to prepare a preliminary business case. However, ~~many~~ clients will not have the full range of skills required and may wish to appoint independent client advisers to assist them~~. These advisers are separate from the consultant team, which will undertake the actual design of the project~~.	+	Experienced clients may have in-house expertise allowing them to prepare a preliminary business case. However, some clients will not have the full range of skills required and may wish to appoint independent client advisers to assist them.

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

Designing Buildings at 12:27, 30 January 2015

2015-01-30T12:27:01Z

← Older revision		Revision as of 12:27, 30 January 2015
Line 2:		Line 2:
	The preliminary business case is the first attempt to justify the investment required by a potential development. It is used to decide whether the potential project merits being investigated in more detail.		The preliminary business case is the first attempt to justify the investment required by a potential development. It is used to decide whether the potential project merits being investigated in more detail.

−	A preliminary business case should be prepared very early in the project, before any decision has been made to proceed. ~~During this stage~~ the client ~~will~~ explore high level options for meeting the requirements set out in the statement of need. This may include an assessment of comparable projects. They should also undertake risk assessment and value management exercises.	+	A preliminary business case should be prepared very early in the project, before any decision has been made to proceed. It allows the client to explore high level options for meeting the requirements set out in the statement of need. This may include an assessment of comparable projects. They should also undertake risk assessment and value management exercises.

	Very experienced clients may have in-house expertise allowing them to prepare a preliminary business case. However, many clients will not have the full range of skills required and may wish to appoint independent client advisers to assist them. These advisers are separate from the consultant team, which will undertake the actual design of the project.		Very experienced clients may have in-house expertise allowing them to prepare a preliminary business case. However, many clients will not have the full range of skills required and may wish to appoint independent client advisers to assist them. These advisers are separate from the consultant team, which will undertake the actual design of the project.