When planning the alliance, the Owner's VfM Statement should help govern the following activities:
• working through the scope of services for the alliance;
• drafting tender documentation and implementing tendering processes;
• defining the tender selection criteria;
• determining the minimum expectations and requirements for achieving 'success';
• defining the criteria for gamebreaking performance;
• establishing KRAs, KPIs, TOC, AOC, budget, etc;
• selecting and defining the role of independent advisors; and
• undertaking Gateway Reviews.