Nuclear estate Business case opportunities
Economic case
Benefits as hazard reduction rather than £ Appropriately rewarding the acceleration of hazard reduction. Ability to handle the order of magnitude differences in hazard reduction Sometimes sensitive balance-points between hazard-reduction schedule and cost on individual projects
Strategy case
Fit in with the applicable Risk and Hazard reduction schemes Understand Stakeholder Value frameworks Understanding how practical trade-off decisions are made at Investment Review Panels Making clear which projects are innovations, and can tolerate higher risk Some projects that are ‘shared’ between programmes Essential projects and regulatory commitments
Management Case
Site options prepared within the context of site, cost and supply chain optimisation Potential ‘easy-wins’ of hazard-clear-up which require different types of justification Technology road map alignment Clear differentiation between hazard reduction, project safety risk, & project risk
Financial case
Bringing together a whole-life with an in-year view of costs and benefits
Commercial Case
Congruence with wider acquisition strategies and frameworks Timeline alignment and sufficiency for early market engagement etc Overall supplier capability and capacity Category management
Suggested Enablers & key documents to consult / communicate
Site and cost optimisation tools Site cost model Site asset strategy Benefit maps Dependency views
Process & people enablers
Understand that decisions have not been ‘banked’ for perpetuity Start as a team deciding the right options and evaluation criteria, working within the strategy and economic cases Then progress the five cases altogether, in small steps, rather than writing five separate cases Understand the obligation to present the business case, presenting an executive view whether there is still a case or not