Well-prepared business cases support responsible financial management by ensuring that government has the information and advice required to make informed resource allocation decisions. They establish whether a proposal is expected to improve the welfare of the community, whether it’s the best option for meeting the objectives, the expected cost, whether it can be delivered efficiently and effectively, whether the associated risks can be managed, and the basis against which success can be measured.
These guidelines bring together best practice, expert advice, insights from other jurisdictions and a practical approach to guide business case development. They establish when a business case is mandatory and what it should contain, scaled according to proposal cost and risk.
