Integrating Value & Risk Management in the strategic project development stage of new City Government (Council) headquarters.

The city authorities are planning a new-build local government administrative headquarters to be located in the city centre. This will achieve the centralisation of all public sector departments and relocation of their staff to a single location. These departments are currently located in a number of properties of different types and ages across the city, and the client view is that this arrangement is no longer suitable for the purposes of modern and efficient administration of government services. The strategic objectives of the client for the new project are to achieve Value for Money by rationalising local government service departments in a high specification modern building that befits a progressive and visionary city. The project has a budget of £25M and an initial estimate is that around 12500m2 of accommodation is required, although this is likely to be reviewed as the design develops.
The client has adopted OGC 3 Project procurement lifecycle as the procurement framework for the project which ensures value and risk studies are integrated in the process. The project is currently at an early stage of development and the client representative has commissioned you as an independent VRM consultant to advise on the value and risk studies to be carried out at the following stages of OGC 3.
• Identify business needs
Your 1st task is to design a value study to achieve the objectives set out under the “description” heading of this step of OGC3. The study duration is to be maximum of 1 day.
• Options to meet business needs. Confirm project still required
Your 2nd task is to design a value and risk study to achieve the objectives set out under the “description” heading of this step of OGC3. The study duration is to be maximum of 1 day.
/over
Prepare a report for the Senior Responsible Owner of the client which details your approach to these two tasks. The report is expected to address the following
– How the studies will benefit the client and project
– Any pre-workshop activity required in preparation for the studies
– Identification of the stakeholders to be invited
– An agenda for each study which identifies appropriate workshop activity.
– An outline of the type of recommendations you expect the follow-up study report to
contain