Options Appraisal
We support clients with the process of developing an appropriate range of project options, and provide the expertise to evaluate each option. Ensuring organisations are able to access a robust appraisal for each, in order to shortlist and develop final recommendations.
We understand the importance of generating a robust business case, and the development of appropriate options to support any future investment considerations form a key aspect of this process. Our team will work with a client’s stakeholders, partners and specialist consultants to explore a range of options from the ‘Do Nothing’ scenario through to more radical change to ensure sufficient optioneering has been carried out.
It is important to explore the pros and cons for each option relating to operational use, design, construction, cost and risk, in alignment and context with the overarching vision. GenNorth will support project teams to develop, analyse and prepare options appraisal reports, typically working with internal Estates & Facilities, HR, Finance, Sustainability and IT teams with ongoing stakeholder engagement throughout. Depending on the nature and complexity of the options, GenNorth pull together a specific client team to ensure all elements of the options are considered. The core services provided to support the Options Appraisal process are as follows:
Initial Review / Visioning
Feasibility Studies
Stakeholder Engagement
Agree CSF’s
Cost Analysis
Short List Options
High Level Risk & Dependencies
Planning and Programme
Presentations and Report Writing