Grant Holland and I attended the NZ Treasury training on Better Business Cases (BBC) in Wellington.

The BBC model has been developed by the NZ Treasury to improve decision-making by using fit-for-purpose business cases.

The New Zealand concise BBC model has been adapted from UK practice and also the Victorian State Government Investment Logic Mapping.

The BBC model provides a structured analysis framework and process for developing business cases and justifying subsequent investments.

Grant and I found the training well worth it because the BBC model is applicable to the work we do on our clients’ projects.

The New Zealand Transport Agency (NZTA), which funds the government share of road construction, renewal, and maintenance in New Zealand, has adopted the use of BBC within the National Land Transport Programme.

As a result of this NZTA adoption, we can expect BBC to also be required for larger New Zealand local authority transportation programmes.

The next step for Grant and me is to adopt the BBC Model to meet local authority-specific requirements within the broader infrastructure management planning context, programmes, and land transport programmes.

We will be working with our local authority clients, associates, and the NZ Treasury to ensure that the adoption of the BBC Model for local authorities is fit for purpose, and is accepted within the NZ BBC Steering Committee guidelines.

Further developments on this work will be communicated directly to our clients and on this blog.

 

Image credit: Five Case Model as shared by the NZ Treasury.