Business case and evaluation framework
Project Stage
3. Study or preliminary design
A feasibility study or preliminary (up to 30%) design is underway.
About the Project
A business case provides justification for undertaking a project or initiative. Using the same rationale for proceeding with a project across partners creates consistencies and can help with securing federal funding.
Benefits
- Streamline capital funding planning
- Support good decision-making
FROM THE REGIONAL TRANSPORTATION PLAN
Action 4.2.2: Establish a common business case and evaluation framework for major transportation projects to be used amongst the Core Partners.
Project business cases are a key part of sound transportation planning. A standard approach can help facilitate coordination and cooperation among partners, support good decision-making and streamline capital funding planning and funding applications with other orders of government.