1 This report - Major Projects Report 2011 - analyses the cost, time and performance of the 15 largest military equipment projects by value, when the main decision to invest funding (the main investment decision or main-gate) has been taken for the year ending 31 March 2011.1 The Ministry of Defence (the Department) compiles project summary sheets for these projects, which the NAO validates but does not fully audit. The Department then submits this information to Parliament. These project summary sheets then form the basis for our analysis of the 15 largest projects.
2 In addition to these 15 projects, the Department also produces project summary sheets for the ten largest projects where the main investment decision has yet to be taken. Copies of the executive project summary sheets for all 25 projects are at Appendix Two of this report. Full project summary sheets, plus limited analysis of the ten pre-main-gate projects, are available in Volume II2 of this report and on our website.3
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1 Our methodology is described in Appendix One and on our website.
2 The Major Projects Report 2011, HC 1520-I, Session 2010-2012.