Investment Appraisal:

Investment Decision Making
Sound decision-making processes are a fundamental aspect of good governance and management in any organisation. This requires a clear identification of the need or problem to be solved. It also requires objective evaluation of the alternative options, if objectives are to be met and value for money secured. The outcome of such decisions may have a significant impact on the University, both in the short and long-term.

The following guidelines and associated case study and example Council paper combine the University and external requirements on investment decision making. Advice may be obtained from the University’s Costing and Investments Manager, Ameena Bradford and The Finance and Procurement Manager, Mike Ferraby.

Guidelines
Summary – Building and Refurbishment Projects opens in a new window
Detailed - Building and Refurbishment Projects opens in a new window
Summary - Capital Equipment opens in a new window
Detailed - Capital Equipment opens in a new window
Capital Programme - Target Dates opens in a new window
NPV Proforma

Case Study
Narrative opens in a new window
Appendix 1 – initial option appraisal opens in a new window
Appendix 2 – risk allocation opens in a new window
Appendix 3 - full business case – risk allocated option appraisal opens in a new window
Appendix 4 – sensitivity analysis opens in a new window

Example Prima Facie Case
Narrative opens in a new window
Annex 1 – initial option appraisal opens in a new window
Annex 2 – appraisal of non-financial benefits opens in a new window

Example Council paper
Narrative opens in a new window
Annex 1 – detailed academic case (not provided)
Annex 2 – risk allocation opens in a new window
Annex 3 – initial option appraisal opens in a new window
Annex 4 – full business case – risk allocated option appraisal opens in a new window