The client approach stream identifies associated activities that will help clients ensure their core values are achieved in the project or programme.
These activities fall into three broad groups:
Commercial:
Such as selecting a Delivery Model and building a Commercial Strategy that best fits the Value Profile of a project. It focuses on how clients work with the market to effectively deliver value and address risks. It determines how to embed, enhance and protect the Value Profile through the project lifecycle with the aim of setting up the project in a way that leverages the very best capabilities.
Risk:
Helping clients to identify risks and create a Risk Profile for the project. The Value Toolkit provides guidance to assist clients in moving from conventional risk transfer methods towards active and evidence-based approaches, mitigating and assigning risk in the most appropriate way.
Appointments:
Helping clients build a team of highly motivated individuals and organisations that will deliver all phases of a project – from the validation of the business case through the operation of the asset.
Alignment with the Development of the Business Case
In addition, the steps of the HM Treasury Business Case process have been mapped into these two streams. This is to provide reference points on how and when the Value Toolkit process aligns and can support the development of business cases. The HM Treasury Green Book process has been used to demonstrate this, but other business case processes will be similar.
