New Scottish Capital Investment Manual Final Consultation Paul
![New Scottish Capital Investment Manual Final Consultation Paul Mortimer Asset Management Policy Advisor New Scottish Capital Investment Manual Final Consultation Paul Mortimer Asset Management Policy Advisor](https://slidetodoc.com/presentation_image/dc151a325100b1c26830a2ff908d9267/image-1.jpg)
![Readiness for Consultation: • • • Imminent launch of SCIM consultation Soft launch made Readiness for Consultation: • • • Imminent launch of SCIM consultation Soft launch made](https://slidetodoc.com/presentation_image/dc151a325100b1c26830a2ff908d9267/image-2.jpg)
![What we set out to do: Just a refresh to. . . • Improve What we set out to do: Just a refresh to. . . • Improve](https://slidetodoc.com/presentation_image/dc151a325100b1c26830a2ff908d9267/image-3.jpg)
![SCIM Investment Cycle Service Planning Project Monitoring & Evaluation (PME) Local Delivery Plan (LDP) SCIM Investment Cycle Service Planning Project Monitoring & Evaluation (PME) Local Delivery Plan (LDP)](https://slidetodoc.com/presentation_image/dc151a325100b1c26830a2ff908d9267/image-4.jpg)
![Updates since Soft Launch Updates since Soft Launch](https://slidetodoc.com/presentation_image/dc151a325100b1c26830a2ff908d9267/image-5.jpg)
![SCIM Process Diagram SCIM Process Diagram](https://slidetodoc.com/presentation_image/dc151a325100b1c26830a2ff908d9267/image-6.jpg)
![Strategic Assessment: • No changes to current draft • Boards are reminded that: • Strategic Assessment: • No changes to current draft • Boards are reminded that: •](https://slidetodoc.com/presentation_image/dc151a325100b1c26830a2ff908d9267/image-7.jpg)
![Initial Agreement: • • Further update prepared Starts with current arrangements, then case for Initial Agreement: • • Further update prepared Starts with current arrangements, then case for](https://slidetodoc.com/presentation_image/dc151a325100b1c26830a2ff908d9267/image-8.jpg)
![Outline Business Case: Changes to Strategic Case to align with revisions to IA: • Outline Business Case: Changes to Strategic Case to align with revisions to IA: •](https://slidetodoc.com/presentation_image/dc151a325100b1c26830a2ff908d9267/image-9.jpg)
![Outline Business Case: Changes to Economic Case & Option Appraisal Guide: • Minor drafting Outline Business Case: Changes to Economic Case & Option Appraisal Guide: • Minor drafting](https://slidetodoc.com/presentation_image/dc151a325100b1c26830a2ff908d9267/image-10.jpg)
![Outline Business Case: Changes to Commercial Case: • Minor drafting changes • Reference to Outline Business Case: Changes to Commercial Case: • Minor drafting changes • Reference to](https://slidetodoc.com/presentation_image/dc151a325100b1c26830a2ff908d9267/image-11.jpg)
![Outline Business Case: Changes to Financial Case: • Further redraft carried out • Formatted Outline Business Case: Changes to Financial Case: • Further redraft carried out • Formatted](https://slidetodoc.com/presentation_image/dc151a325100b1c26830a2ff908d9267/image-12.jpg)
![Outline Business Case: Changes to Management Case: • Minor drafting changes • Key roles Outline Business Case: Changes to Management Case: • Minor drafting changes • Key roles](https://slidetodoc.com/presentation_image/dc151a325100b1c26830a2ff908d9267/image-13.jpg)
![Full Business Case: Changes to Full Business Case: • Updates to align with changes Full Business Case: Changes to Full Business Case: • Updates to align with changes](https://slidetodoc.com/presentation_image/dc151a325100b1c26830a2ff908d9267/image-14.jpg)
![Next Steps: • • • Revised documents to be uploaded to SCIM website Look Next Steps: • • • Revised documents to be uploaded to SCIM website Look](https://slidetodoc.com/presentation_image/dc151a325100b1c26830a2ff908d9267/image-15.jpg)
![Any Questions? paulmortimer@nhs. net SCIM: final consultation Paul Mortimer Asset Management Policy Advisor Any Questions? paulmortimer@nhs. net SCIM: final consultation Paul Mortimer Asset Management Policy Advisor](https://slidetodoc.com/presentation_image/dc151a325100b1c26830a2ff908d9267/image-16.jpg)
- Slides: 16
![New Scottish Capital Investment Manual Final Consultation Paul Mortimer Asset Management Policy Advisor New Scottish Capital Investment Manual Final Consultation Paul Mortimer Asset Management Policy Advisor](https://slidetodoc.com/presentation_image/dc151a325100b1c26830a2ff908d9267/image-1.jpg)
New Scottish Capital Investment Manual Final Consultation Paul Mortimer Asset Management Policy Advisor
![Readiness for Consultation Imminent launch of SCIM consultation Soft launch made Readiness for Consultation: • • • Imminent launch of SCIM consultation Soft launch made](https://slidetodoc.com/presentation_image/dc151a325100b1c26830a2ff908d9267/image-2.jpg)
Readiness for Consultation: • • • Imminent launch of SCIM consultation Soft launch made documents available Feedback has resulted in further updates Boards will need to co-ordinate their responses Depending on feedback: • Workshop review event • Final updates • Launch new SCIM
![What we set out to do Just a refresh to Improve What we set out to do: Just a refresh to. . . • Improve](https://slidetodoc.com/presentation_image/dc151a325100b1c26830a2ff908d9267/image-3.jpg)
What we set out to do: Just a refresh to. . . • Improve language, structure & readability • Greater emphasis on service based need for change • Make adaptable to FS 2, hub & NPD procurements • Align with Construction Procurement Review • Align with any changes to Greenbook • Consider scalability for smaller projects • Apply lessons learnt from previous projects & business cases
![SCIM Investment Cycle Service Planning Project Monitoring Evaluation PME Local Delivery Plan LDP SCIM Investment Cycle Service Planning Project Monitoring & Evaluation (PME) Local Delivery Plan (LDP)](https://slidetodoc.com/presentation_image/dc151a325100b1c26830a2ff908d9267/image-4.jpg)
SCIM Investment Cycle Service Planning Project Monitoring & Evaluation (PME) Local Delivery Plan (LDP) Property & Asset Management Strategy (PAMS) Construction Full Business Case (FBC) Strategic Assessment (SA) Outline Business Case (OBC) Initial Agreement (IA)
![Updates since Soft Launch Updates since Soft Launch](https://slidetodoc.com/presentation_image/dc151a325100b1c26830a2ff908d9267/image-5.jpg)
Updates since Soft Launch
![SCIM Process Diagram SCIM Process Diagram](https://slidetodoc.com/presentation_image/dc151a325100b1c26830a2ff908d9267/image-6.jpg)
SCIM Process Diagram
![Strategic Assessment No changes to current draft Boards are reminded that Strategic Assessment: • No changes to current draft • Boards are reminded that: •](https://slidetodoc.com/presentation_image/dc151a325100b1c26830a2ff908d9267/image-7.jpg)
Strategic Assessment: • No changes to current draft • Boards are reminded that: • It is more than a form to fill in • Better ones suggest greater commitment • Needs to be a collaborative process • Further emphasis on this in 2017
![Initial Agreement Further update prepared Starts with current arrangements then case for Initial Agreement: • • Further update prepared Starts with current arrangements, then case for](https://slidetodoc.com/presentation_image/dc151a325100b1c26830a2ff908d9267/image-8.jpg)
Initial Agreement: • • Further update prepared Starts with current arrangements, then case for change More emphasis on narrative before summary tables Boards are reminded that: • Be upfront what project is about • Emphasis on strategic & service options • Need project specific benefits & risks • Avoid generic statements • Back up case with available evidence • More than one solution can be taken to OBC
![Outline Business Case Changes to Strategic Case to align with revisions to IA Outline Business Case: Changes to Strategic Case to align with revisions to IA: •](https://slidetodoc.com/presentation_image/dc151a325100b1c26830a2ff908d9267/image-9.jpg)
Outline Business Case: Changes to Strategic Case to align with revisions to IA: • Have the current arrangements changed? • Is the case for change still valid? • Is the choice of preferred solution(s) still valid? • Need summary even if no changes • More complex projects may provide more detail
![Outline Business Case Changes to Economic Case Option Appraisal Guide Minor drafting Outline Business Case: Changes to Economic Case & Option Appraisal Guide: • Minor drafting](https://slidetodoc.com/presentation_image/dc151a325100b1c26830a2ff908d9267/image-10.jpg)
Outline Business Case: Changes to Economic Case & Option Appraisal Guide: • Minor drafting changes • Suggested use of Design and Whole Life Procurement dashboard to present results • Boards are reminded that: • Vfm of implementing strategic / service solution(s) • GEM model recommended for economic appraisal • Optimism bias calc still needed • Final selection is a judgement based on assessment results
![Outline Business Case Changes to Commercial Case Minor drafting changes Reference to Outline Business Case: Changes to Commercial Case: • Minor drafting changes • Reference to](https://slidetodoc.com/presentation_image/dc151a325100b1c26830a2ff908d9267/image-11.jpg)
Outline Business Case: Changes to Commercial Case: • Minor drafting changes • Reference to NPD removed • Boards are reminded that: • Need to include series of different procurements • Proposals in OBC to be confirmed in FBC
![Outline Business Case Changes to Financial Case Further redraft carried out Formatted Outline Business Case: Changes to Financial Case: • Further redraft carried out • Formatted](https://slidetodoc.com/presentation_image/dc151a325100b1c26830a2ff908d9267/image-12.jpg)
Outline Business Case: Changes to Financial Case: • Further redraft carried out • Formatted to align with other SCIM documents • Example template incorporated into body of guidance • Boards are reminded that: • Needs to be overseen by Finance Director
![Outline Business Case Changes to Management Case Minor drafting changes Key roles Outline Business Case: Changes to Management Case: • Minor drafting changes • Key roles](https://slidetodoc.com/presentation_image/dc151a325100b1c26830a2ff908d9267/image-13.jpg)
Outline Business Case: Changes to Management Case: • Minor drafting changes • Key roles & responsibilities aligned to ‘Baseline skillset for construction procurement’ • No changes to separate Benefits Realisation & Risk Management guides • New Project Monitoring & Service Benefits Evaluation guide • Boards are reminded that: • Operational Change Plan to include service change plan
![Full Business Case Changes to Full Business Case Updates to align with changes Full Business Case: Changes to Full Business Case: • Updates to align with changes](https://slidetodoc.com/presentation_image/dc151a325100b1c26830a2ff908d9267/image-14.jpg)
Full Business Case: Changes to Full Business Case: • Updates to align with changes to OBC • Boards are reminded that: • Proposals in OBC to be confirmed in FBC • To demonstrate readiness to sign contract
![Next Steps Revised documents to be uploaded to SCIM website Look Next Steps: • • • Revised documents to be uploaded to SCIM website Look](https://slidetodoc.com/presentation_image/dc151a325100b1c26830a2ff908d9267/image-15.jpg)
Next Steps: • • • Revised documents to be uploaded to SCIM website Look out for consultation notice Boards to identify SCIM lead Minimum 6 week consultation process Formal launch by end of year (? )
![Any Questions paulmortimernhs net SCIM final consultation Paul Mortimer Asset Management Policy Advisor Any Questions? paulmortimer@nhs. net SCIM: final consultation Paul Mortimer Asset Management Policy Advisor](https://slidetodoc.com/presentation_image/dc151a325100b1c26830a2ff908d9267/image-16.jpg)
Any Questions? paulmortimer@nhs. net SCIM: final consultation Paul Mortimer Asset Management Policy Advisor
Scottish capital investment manual
Mhra
Fixed investment and inventory investment
Working capital investment example
Factors that complicate capital investment analysis
Working capital investment example
Factors that complicate capital investment analysis
Capital investment decision
Making capital investment decisions
Capital investment analysis is the process
Factors that complicate capital investment analysis
Investment banking vs capital markets
Nwc change
Chapter 10 making capital investment decisions
Making capital investment decisions
Chapter 10 making capital investment decisions
Paul's final journey to rome