Major projects and significant changes to government programs or policies usually require feasibility studies and business case. These may be undertaken by Government or by Corporations or NGO proponents. Feasibility studies are generally high level analyses to explore whether an idea should be taken further, while business cases tend to be more detailed analyses upon which major decision can be taken.
A business case or feasibility study generally establishes the need for the investment or change under consideration, identifies the benefits, explores the range of options and the potential alternatives, estimates costs, assesses the risks and mitigation strategies, and outlines the delivery process. Before committing to an investment , a decision-maker needs to be confident that they understand:
What is the problem, issue or service need?
What are the benefits from addressing the problem?
Is there a compelling case for investing?
Team experience includes:
Department of Premier and Cabinet, Indian Community Centre – development of a business case for the establishment of an Indian Community Centre in Geelong
Albury & Wodonga Aboriginal Community Strategic Plan – advised the five partner governments on the development of business cases/feasibility studies for three priority initiatives under the plan on cross–border community governance, an Aboriginal aged care facility, and an education and employment hub
City of Melbourne – development of a feasibility study on the establishment of a First Nations Cultural Precinct in the city