InvestmentLifecycleFramework-TreasuryandFinance.docVIP

The Secretary Department of Treasury and Finance 1 Treasury Place Melbourne Victoria 3002 Australia Telephone: +61 3 9651 5111 Facsimile: +61 3 9651 5298 .au Authorised by the Victorian Government 1 Treasury Place, Melbourne, 3002 ? Copyright State of Victoria 2010 This book is copyright. No part may be reproduced by any process except in accordance with the provisions of the Copyright Act 1968. ISBN 978-1-922045-83-6 Published July 2012. If you would like to receive this publication in an accessible format please telephone 9651?0909 or email mailto:information@.au This document is also available in PDF format at .au Acknowledgments The information in this workbook is based on material published in the Victorian Department of Treasury and Finances investment lifecycle and high value/ high risk guidelines, and by the UK Office of Government Commerce (OGC). OGC Gateway? is a trademark of the UK Cabinet Office and is owned and published by that Office. OGC Gateway? is subject to Crown Copyright protection and reproduced under licence with kind permission of Controller of Her Majesty’s Stationery Office (HMSO) and the Cabinet Office. Contents 1. The Gateway review process 5 1.1 About the Gateway review process 5 1.2 About this booklet 5 2. Stage 1: Conceptualise 7 2.1 Gate 1: Concept and feasibility 7 2.2 Aim of Gate 1 7 2.3 When Gate 1 should take place 7 2.4 Applying the review to different sized proposals 8 3. Conducting Gate 1: Concept and feasibility 9 3.1 Summary 9 3.2 Sources of information to inform your review 9 4. Detailed guide to Gateway review 1 11 4.1 Documentation 11 4.2 Organisation 16 Appendix 1: Strategic assessment and preliminary business case – information requirements 19 Appendix 2 Best practice sources 24 The Gateway review process About the Gateway review process Gateway review is a process the Victorian Government applies to its most significant projects and policy initiatives to help ensure they are well managed and deliver