Public sector bodies around the world invest vast sums of money each year on new or replacement assets such as buildings, equipment, and facilities. With so much demand for capital investment, it is essential that we make the right choices and demonstrate value for money. A good business case provides the evidence to support decision-making and assurance to all stakeholders of responsible action. Although they tend to be associated in some people’s minds with large-scale investments or service redesigns, business cases are equally relevant – and just as important – to smaller projects or developments. The common factor linking them is the business case process must involve close scrutiny of all relevant financial and non-financial aspects of a proposed project to ensure that the best possible solution is selected for a given set of circumstances.
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