Value for Money (VfM) from a public-sector perspective
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HM Treasury provides clear VfM guidelines on conducting evaluations of major capital projects. For transport projects, the Department for Transport (DfT) issued Transport business case guidance. It evaluates an evidence-based approach to infrastructure project development and comprises five components: Strategic case – examining whether the project fits the wider public policy objectives. Economic case – estimating whether...Explore the subscription options here to get full access to isurv, including downloads.
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