Introduction

1.1  This Introduction provides a snapshot at 30 June 2009 of the status of each project included in this report against budget (percentage of current approved budget expended) and schedule (percentage of months elapsed from original project approval date to forecast final operational capability (FOC)). This is presented in Figure 2.

Figure 2

Project Snapshot - Budget Expended and Time Elapsed (in percentage)

Source:

2008-09 MPR and ANAO analysis.

Note 1:

Hornet Refurb project does not have a FOC date as it does not introduce new capability to the Hornet aircraft fleet.

Note 2:

For Bushranger and Hornet Upgrade, FOC dates used for calculating time elapsed are when the last sub-set of the capability is scheduled, to compare total budget and time elapsed. This differs from FOC data used elsewhere in the report, where the purpose is to enable comparison of FOC data from the 2008-09 MPR with the 2007-08 MPR.

Note 3:

In future years, it is intended to include capability progress in this project snapshot.

1.2  While it is reasonable to expect a broad correlation between the project's budgeted expenditure and the time elapsed, project unique factors often mean that the extent of this correlation will diverge. Nevertheless, Figure 2 provides a useful starting point for further analysis of projects' progress in this chapter.