The Stage 1 Programme Level Assessment is not relevant to individual project owners, however, for completeness, the components of VfM considered at this level are:
Scope Options | Procurement Options |
• What areas of investment will best deliver Government's strategic purpose and policy objectives • Which potential projects deliver best combination of policy outcomes and cost efficiency | • What areas would better suit capital or revenue funding • Does early delivery of policy objectives merit financing costs of revenue funding • Which projects are better suited to what procurement route / funding structure |