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BBCF_Terminology_1
Section 1: Pjs & Pgms
| Term | Definition |
|---|---|
| Programme | Interrelated and complementary combination of activities that address a problem. A programme can span more than one work category and more than one activity class. |
| Activity | An individual intervention to address a problem or opportunity, which will have a defined start, end and scope, for example a bridge replacement. Activities are usually part of a programme. |
| Activity class | A grouping of similar activities which can be variously classed. The purpose of the classification of activities is to ensure conformity with the activity classes defined in current Government Policy Statements and to provide a basis for comparing costs over time and between organisations. |
| Benefit | A benefit is the measurable improvement that results from an outcome. It answers the question: ‘what value is derived from this outcome?’ In the context of a business case, a benefit is normally a positive consequence of responding to an identified problem or opportunity. Note that a specific use of the term "benefit" arises when monetised benefits are used to determine a benefit–cost ratio (BCR). Not all benefits can be monetised. |
| Business case | A management vehicle for scoping and planning a proposal and documenting the outcome. It takes the form of a document that expresses the reasoning and justification for investing in a change, project or programme. It describes the case for change, explains how to achieve best public value, considers commercial viability recommends a preferred option which is both affordable and achievable. |
| Programme business case (PBC) | The Business Case Approach phase in which options and alternatives to address the underlying or root causes of the problem are identified and a recommended solution is proposed. This could include a broad mix of activities that might be delivered by multiple parties over a period of time. PBCs are generally developed only for investments that have a higher complexity or risk. Its aim is to reduce risk and ensure all appropriate options are considered. |
| Project | An activity that has a defined start, end and scope. |
| Better Business Cases | Better Business Cases (BBC) is a systematic way to prepare business cases for programmes or projects. BBC is structured around the proven Five Case Model |
| Strategy | The strategic context for the programme which demonstrates how the programme aligns with other programmes within the strategic portfolio to deliver the mission and vision of the organisation in the longer term. |
| BAU | Business As Usual. The normal operations of an organisation (as distinct from its programme and project activity). |
| Business As Usual | The normal operations of an organisation (as distinct from its programme and project activity). |
| Outputs | The products or deliverables that are the purpose of a project or BAU activity. May be a physical artefact, a process, a specification, an interface, an IT system (or component) |
| Outcomes | The changes in performance (or impacts) in business as usual (operations) that are the consequence of the implementation of project outputs and other activities |
Created by:
Sarah Ironmonger
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