◼ The final business case is used to document a defined project. This includes an updated justification of the service rationale, and demonstration of value for money and the agency's capability to implement the service.
◼ Final business case template and the Business Case Gateway review report must be prepared for proposals submitted to Government for funding approval.
◼ Each section of the template is to be addressed to an appropriate level of detail. If this cannot be achieved then a full referenced justification must be provided.
◼ The extent of evidence for the final business case will be proportionate to the value and risk of the project or program. The degree of accuracy and basis for the cost and time estimates should be stated.
◼ The standard of evidence is to be based on quantitative (preferred) and qualitative data underpinned by established methodologies.
◼ Expected degree of accuracy is proportionate to costs and time estimates. This should be higher than in the preliminary business case.