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Project Lifecycle and Public Spending Code

Sector: Government • Location: Ireland

Source: Transport Infrastructure Ireland (TII)

Project
Ongoing

TII must ensure that all individual projects and investment proposals relating to the National Road Network and Greenways meet all of the relevant appraisal processes and value-for-money tests required under the Public Spending Code (PSC), before Exchequer resources are ultimately invested. The Public Spending Code identifies a Project Lifecycle that includes a series of steps and activities which

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The project “Project Lifecycle and Public Spending Code” is an infrastructure initiative in the Government sector, located in Ireland. Taiyo aggregates data on it from Transport Infrastructure Ireland (TII).

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Participants

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Status

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ongoing

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Description

Description

TII must ensure that all individual projects and investment proposals relating to the National Road Network and Greenways meet all of the relevant appraisal processes and value-for-money tests required under the Public Spending Code (PSC), before Exchequer resources are ultimately invested. The Public Spending Code identifies a Project Lifecycle that includes a series of steps and activities which are necessary in order to take proposals from concept to completion and evaluation. These are highlighted to the right in greater detail and are mapped against the TII’s internal appraisal lifecycle. There are six project phases or steps that are required by the Public Spending Code to bring a proposed project from concept to completion and evaluation. The project lifecycle is not necessarily linear and projects can move sequentially or loop back as different circumstances change. TII’s internal Project Management Guidelines and project appraisal phases are highlighted overleaf and mapped against those of the Public Spending Code for larger projects. TII has extensive experience evaluating, planning and managing public investment in alignment with the Public Spending Code. This document identifies what stage each project is at, as of the date of this document. Government approval is required at: • Decision gate 0: Strategic Assessment – to develop proposal (Projects over €10m) • Decision gate 1: Preliminary Business Case – Proceed to planning approval • Decision gate 2: Final Business Case 1 – to proceed to tender • Decision gate 3: Final Business Case 2 – to award the contract. It is the responsibility of TII to inform Government should adverse developments occur, including unforeseen changes to costs or scope throughout the lifecycle of the project. Decision Gates / PSC Deliverables

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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