Supporting Templates
The Business Case is the core component of the project’s progression through Stage 2 of the Infrastructure Investment Lifecycle. The Business Case:
- Brings together information on the need for investment and the problem or opportunity the project addresses
- Presents detailed information on the project’s scope and risks
- Explores the benefits and costs of the project
- Summarises the results of the Wellbeing Impact Assessment under the Wellbeing Framework
- Outlines the proposed delivery model, governance structure, timeline and other relevant information.
In developing the Business Case, the Project Team should consider the process it will need to follow to gain Government approval of the Business Case. The subsections below provide a summary of the activities required by the Project Team in developing the Business Case.
Project, Program and Precinct Business Cases
Although the core purpose of the Business Case remains the same for individual projects and for Programs, and Precincts, there are some variations in the information required in a Business Case for a Program of related projects or an overall Precinct development. The purple boxes below explain key variations in the activities when the Project Team is developing Program Business Cases and Precinct Business Cases. For all activities, the focus should be on the Program or Precinct, broken down into the individual projects of the Program or Precinct where possible.
Templates have been prepared for project Business Cases and for Program/Precinct Business Cases for the Project Team to use to ensure they include all required information.
Infrastructure Australia have developed a Technical Guide to program appraisal as part of their Infrastructure Australia Assessment Framework. The Project Team may refer to these guidelines if they are developing a Program of works under the Capital Framework or if they intend to submit their Program to Infrastructure Australia for inclusion on the Infrastructure Priority List (IPL). For more information on how the sections of the Business Case template is mapped to the sections of the Infrastructure Australia Assessment Framework, refer to the Guidelines for Infrastructure Australia mapping.
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