Business Case Development Framework – Release 3 now available
20 April 2020
Building Queensland Business Case Development Framework – Release 3 is now available.
Our Business Case Development Framework has been guiding the development of the state’s infrastructure proposals since 2016. It has helped bring about a consistent and rigorous approach to proposal development – enabling decision-makers to compare investment opportunities.
While a significant focus of the update has been on capturing contemporary policy developments and best practice approaches, a range of practical improvements have also been made to assist practitioners in developing robust business cases.
A key change in this update is the separation of guides and templates. Users can now download the relevant guide and corresponding Word template to start the proposal development process.
A new Stakeholder Engagement Guide has been introduced to assist practitioners in developing and implementing communication and stakeholder engagement activities during proposal development. This new guide emphasises the importance of communicating with infrastructure users and providers to improve infrastructure outcomes.
Updates have also been made across the suite of supplementary guides including more detailed and structured guidance in the Social Impact Evaluation Guide and Cost Benefit Analysis Guide.
Other enhancements include increased base case guidance and updates to sustainability sections ensuring alignment with contemporary technical guidance from the Infrastructure Sustainability Council of Australia and Green Building Council of Australia.
The latest developments in Building Information Modelling and detailed guidance on delivery model assessments have also been incorporated in the financial and commercial sections to ensure robust consideration of the most effective approach to the delivery of infrastructure projects.
In preparing this update, Building Queensland drew on knowledge and experience from across the sector through stakeholder workshops and written feedback on documentation. We are particularly proud of the improvements we have been able to make as a result of this input, in addition to the learnings we have applied in developing over 30 of the state’s detailed business cases.
We undertake our role in developing the state’s infrastructure proposals in partnership with government, the private sector and other stakeholders. This collaborative approach provides great opportunities for knowledge sharing across the infrastructure sector, and our desire to facilitate the development of knowledge is a major driver for Building Queensland. Release 3 of the Business Case Development Framework demonstrates this cross-sector collaboration.
We encourage you to take a look at our framework. The framework is important because it establishes a consistent process for developing robust business case analysis, but is scalable – ensuring fit-for-purpose analysis. This is essential because, like every other part of the economy, COVID-19 is having a significant impact and the infrastructure sector will perform a key role in supporting the state’s economic recovery.
The first round of business cases to apply the updated framework and guidance material are now underway. Together we will continue to share and develop knowledge to enhance infrastructure outcomes for Queensland.
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