The purpose of Stage B is to develop detailed proposals for the programme business case to determine what the programme will be able to deliver and make an informed judgement regarding its financial viability.
The required outcomes established during inception are developed by a more detailed analysis, the programme brief, to identify what would be required from a programme and how it would need to be delivered to secure the outcomes. A programme business case is then compiled to determine the financial viability of the proposed programme. See Figure 3.1.
Figure 3.1 Stage B: Initiation.
The identification process includes the development of the programme mandate to provide further details of what the programme needs to achieve.
Called the ‘programme brief’ (see Appendix T3 for a template), this document covers aspects such as the following:
Who will assist with the preparation of the programme brief, other than the programme sponsor, will vary from programme to programme and will depend on factors such as the sensitivity (commercial, corporate or political) of the programme, the complexity of the programme and the degree of knowledge and expertise available within the sponsoring organisation. In some circumstances it may be possible for it to be produced by the programme sponsor, while in others it may require the assistance of external advisers or the early involvement of some of the key members of the programme management team, such as the programme manager, programme financial manager or head of the programme management office (PMO).
At some point during the initiation stage, it will be necessary for the programme sponsor to have the specialist knowledge provided by somebody who has a thorough appreciation of what the final outcome of the programme needs to be. A business change manager (BCM) views the development of the programme from the perspective of the final end state. The BCM will be appointed from within the sponsoring organisation or by the organisation that will be managing the enterprise being facilitated by the programme.
Programme sponsor’s board (PrgSB) approval is required for the description of what the programme is to achieve and what is required to deliver it as set out in the programme brief. This approval allows work to be undertaken after consideration of the feasibility of achieving the programme outcomes.
The feasibility process involves making an informed study of the effort and costs of delivering the programme’s objectives against the returns to be obtained and establishes the financial viability of undertaking the programme. Based on the information contained in the programme brief, an investment appraisal is carried out balancing the expected benefits with the potential risks and threats of delivering the programme. This information represents the programme business case (see Appendix T4 for a template). This is a document that will be used throughout the programme as a control to verify that deliverables being achieved are aligned with the programme objectives.
Preparation of the business case is the responsibility of the programme sponsor, but it is expected that the sponsor will require assistance from financial and investment specialists who have an appreciation of the undertaking.
When the PrgS considers that the business case presents a viable programme, it is submitted to the PrgSB for their review and approval. By signing off on the business case, the PrgSB is confirming they are satisfied the programme can proceed to the definition stage (Stage C). As this approval commits a significant level of resources and expenditure in some instances, it may therefore be necessary to refer the business case to the sponsoring organisation’s executive board in order to obtain the instruction to proceed to the next stage.
The PrgSB should also be asked to ratify the terms of reference and time schedule indicating how the next stage will proceed.
The key participants in this stage are the PrgS and BCM, who work together to develop the details of the proposed programme such that its viability, in the form of a valid business case, can be demonstrated to the PrgSB and the programme business partners. It is likely that during this process the programme sponsor will require the assistance of the programme manager to ensure that the assumptions made regarding programme implementation are appropriate and achievable. See Figure 3.2.
Figure 3.2 Stage B: Initiation – organisation structure.
This stage commences with developing the programme mandate into a more comprehensive programme brief. This process involves the PrgS in the following ways:
Approval of the programme brief allows the PrgS to proceed with a series of activities related to developing the programme business case:
Prior to completion of this stage, and in anticipation of obtaining PrgSB approval, the programme sponsor needs to develop proposals for executing Stage C:
Throughout this stage the PrgSB continue their function of advising, reviewing and approving, which includes:
During Stage B, the BCM has responsibility for the following:
The PrgM is introduced into the programme for the first time during this stage to ensure that the information regarding the implementation of the programme is realistic and appropriate. This is a senior appointment and will require a person with high levels of leadership and a proven ability in the successful delivery of programmes and projects. The PrgM’s tasks include the following:
A generic approach to programme benefit management consists of three phases (see Figure 3.3):
Figure 3.3 Benefit delivery in three stages.
Benefits delivery means achieving the desired outcomes identified in the business case on time and on budget. Its key stages are benefits identification, benefits management and benefits realisation. To deliver benefits successfully, benefits need to be measurable outcomes and fall into one of the five categories as identified in Figure 3.4.
A more detailed approach to identify benefits and their measures is through a tree structure. A tree starts from the driver for change, and through a deductive, analytical and structured approach, processes through to a series of options of potential benefits by category
Figure 3.4 Benefits categories.
Figure 3.5 Example of graphical representation of benefits realisation over time.
A feasibility study is an analysis of the viability of an idea. The programme brief will contain the strategic objectives and an overview of constraints and risks, along with high-level financial forecasts; however, to translate the information contained within the brief to a business case, a feasibility exercise will should be undertaken.
The feasibility study should thoroughly examine all the issues and include the following:
It is important to note that once the programme brief is set, in particular for large and complex programmes, a scoping or options appraisal or even a pre-feasibility study may be necessary to narrow down the possible options and scenarios prior to commissioning a detailed feasibility study.
The feasibility study report should consider the programme brief thoroughly and may specifically comment on the following:
The feasibility study report, along with its recommendations, will constitute the backbone of the business case.
The initial investigations regarding the nature of funding will essentially determine the potential sources, availability and governance. An initial scoping study must be undertaken to determine whether the availability of funding is in keeping with the forecasted cash flow for the programme.
For private sector projects, commitments must be sought from the fund holders (and the shareholders or directors of businesses) to ensure that there is sufficient funding for the life of the programme. It is often the case that an initial funding is released to kick start the programme, and any further subsequent funding is conditional to key trigger events or achievement of early benefits (typically linked with revenue generation).
In certain instances, it is also advisable to ascertain the provenance of the funding to ensure that it is complying with regulatory and legal requirements.
Large public sector programmes often rely on PPP or PFI (public–private partnership or private finance initiatives) as sources of programme funding. In this scenario, the key steps are the following:
In order to deliver the above functions, organisations are encouraged to ensure that the following enablers are considered at the initiation stage:
A further option available to public sector organisations is self-financing, where funding could be available through borrowing (provided such borrowing is affordable, prudent and sustainable over the medium term), capital receipts (by selling fixed assets), capital grant (from various central and local government funding, lottery funding, European grants), revenue contributions (albeit under the current regulations the scope is limited) or capital reserves (with funding earmarked for specific capital programmes).