Within 12 months of completing a major infrastructure initiative, PIR will conduct a review to ensure that desired outcomes and outputs were delivered and expected financial outcomes are being realized. The focus of the review will include:
• initiative objectives and consistency with Guiding Principles for Planning, Financing and Procuring Public Infrastructure;
• consultation with community and key stakeholders;
• appropriate approvals;
• output delivery;
• risk allocation;
• delivery times;
• budget performance;
• adequacy of infrastructure in meeting public service delivery needs; and
• initiative operations.
The objective of the post-implementation review is to identify both the positive and negative aspects of an initiative and assess whether value for money was, or will be, achieved. The lessons learned will be invaluable to delivering future initiatives and establishing best-practice precedents.