familiar forms of risk to outcomes are that the estimated future costs arising from the given proposal are overly conservative, or the benefits are overly optimistic, or both. The analysis may not fully reflect the possibility of changing business drivers or implementation timing delays. Refer to the Better Business Case guidance for optimism bias adjustments by project type and phase of the process. Value for Money Assessment Show how the spending proposal, if it were to pursue the preferred way forward, would generate value for money Outline Commercial Case The detailed consideration of the commercial case takes place at the Outline Business Case stage. An initial outline of the commercial case should be provided now to decision-makers to provide some assurance on the likely commercial viability of the proposal, potential suppliers, and where those suppliers may be utilised. This is particularly relevant for innovative or more complex services where there may be little market depth and experience. Provide a high-level assessment of the viability of the proposed spend. Required Services Identify the broad thrust of the spending proposal, in terms of the tangible outputs and outcomes that it will deliver. Supply-side Interest Where possible, record the results of early market testing Possible Deal Outline the potential deal, and contract provisions which might be required to reflect the specific nature of this proposed initiative, and for risk sharing and innovation. Personnel Implications Describe the impact of the proposed investment on personnel in the impacted business units. Accountancy Treatment Describe how assets acquired and expenses incurred will be represented in financial statements. Procurement Strategy and Timeframes Summarise the procurement strategy and highlight the potential for non-traditional procurement.
familiar forms of risk to outcomes are that the estimated future costs arising from the given proposal are overly conservative, or the benefits are overly optimistic, or both. The analysis may not fully reflect the possibility of changing business drivers or implementation timing delays. Refer to the Better Business Case guidance for optimism bias adjustments by project type and phase of the process. Value for Money Assessment Show how the spending proposal, if it were to pursue the preferred way forward, would generate value for money Outline Commercial Case The detailed consideration of the commercial case takes place at the Outline Business Case stage. An initial outline of the commercial case should be provided now to decision-makers to provide some assurance on the likely commercial viability of the proposal, potential suppliers, and where those suppliers may be utilised. This is particularly relevant for innovative or more complex services where there may be little market depth and experience. Provide a high-level assessment of the viability of the proposed spend. Required Services Identify the broad thrust of the spending proposal, in terms of the tangible outputs and outcomes that it will deliver. Supply-side Interest Where possible, record the results of early market testing Possible Deal Outline the potential deal, and contract provisions which might be required to reflect the specific nature of this proposed initiative, and for risk sharing and innovation. Personnel Implications Describe the impact of the proposed investment on personnel in the impacted business units. Accountancy Treatment Describe how assets acquired and expenses incurred will be represented in financial statements. Procurement Strategy and Timeframes Summarise the procurement strategy and highlight the potential for non-traditional procurement.