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Author : Australian National Audit Office
Publisher :
ISBN 13 : 9780642815293
Total Pages : 576 pages
Book Rating : 4.8/5 (152 download)
Download or read book 2013-14 Major Projects Report written by Australian National Audit Office and published by . This book was released on 2014 with total page 576 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Great Britain: Parliament: House of Commons: Committee of Public Accounts
Publisher : The Stationery Office
ISBN 13 : 021507579X
Total Pages : 24 pages
Book Rating : 4.2/5 (15 download)
Download or read book HC 147 - Major Projects Authority written by Great Britain: Parliament: House of Commons: Committee of Public Accounts and published by The Stationery Office. This book was released on 2014-08-19 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: The work of the Major Projects Authority is supported but without stronger powers it is unlikely to achieve its aim of a systemic improvement in project delivery across government. The projects in the MPA's portfolio represent a huge and rising cost to the taxpayer. The MPA, however, only has informal influence over departments. It has no powers if a department decides to proceed with a project against MPA advice. It needs to have stronger, more formal mechanisms for driving change, and there should be transparency where ministers or officials have rejected its recommendations. The MPA also needs to focus its efforts more on the early stages of a project, working with departments to ensure that they have devoted sufficient attention to the concept, design and business case for projects before seeking approval. It could also improve its impact by prioritising its work more effectively. The creation of the Major Projects Leadership Academy is welcomed, but the MPA needs to target top decision-makers as well as managers. Nobody in central government is responsible for overseeing projects at a strategic whole-of-government level. The Treasury should take ownership and responsibility for overseeing the government portfolio. The MPA should also publish more information on each project, including the amount spent to date, even if this means reviewing the Government's transparency policy. There is also particular concern that the decision to award a 'reset' rating to the Universal Credit project may have been an attempt to keep information secret and prevent scrutiny
Author : Great Britain. Parliament. House of Commons. Committee of Public Accounts
Publisher : The Stationery Office
ISBN 13 : 0215084314
Total Pages : 21 pages
Book Rating : 4.2/5 (15 download)
Download or read book HC 1045 - Major Projects Report 2014 and the Equipment Plan 2014 to 2024, and Reforming Defence Acquisition written by Great Britain. Parliament. House of Commons. Committee of Public Accounts and published by The Stationery Office. This book was released on 2015 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Committee welcomes the progress made by the Ministry of Defence in getting to grips with its budget and military equipment costs. The affordability of the Department's 10-year plan for buying and supporting equipment is, however, dependent on it: continuing to control cost increases in existing equipment projects; delivering ambitious project cost savings over the next 10 years in order to balance its budget; and having the right skills in place to ensure that the assumptions made in its plans are robust and deliverable. Failure to improve the skills of Defence Equipment and Support (DEandS), which buys and maintains military equipment, will undermine the Department's efforts to improve control over its finances. The Department agrees that DEandS is over-reliant on expensive contractors and DEandS is spending a further £250 million on contractors over the next three and a half years to determine how it will address this and secure the skills needed to deliver the Equipment Plan within the assumed budget and to time. There remain risks to the success of the Department's Army 2020 programme designed to reduce the size of the regular Army and increase the number of trained Army reserves. The Department has not yet addressed the Committee's previous recommendations to develop credible contingency plans in the event that it cannot recruit the number of regular and reserve soldiers it requires. While the Department is reporting progress against its recruitment targets, it does acknowledge that targets beyond 2016 will be challenging and require significant improvements in performance.
Author : Great Britain: Parliament: House of Commons: Committee of Public Accounts
Publisher : The Stationery Office
ISBN 13 : 0215072030
Total Pages : 24 pages
Book Rating : 4.2/5 (15 download)
Download or read book HC 1060 - The Ministry of Defence Rquipment Plan 2013-23 and Major Projects Report 2013 written by Great Britain: Parliament: House of Commons: Committee of Public Accounts and published by The Stationery Office. This book was released on 2014-05-13 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: There are still concerns over whether the MoD's Equipment Plan is affordable. The Ministry underspent by a huge £1.2 billion on the Equipment Plan in 2012-13. Yet it has no idea whether this is because of genuine savings or whether costs are simply being stored up for later years because of delays on projects. This underspending makes it tempting for the Treasury to take them as savings at the expense of the defence equipment capabilities our armed services need. The MoD also does not properly understand the costs of maintenance and technical support, despite the fact that such support costs, £87 billion over ten years, and accounts for over half of the spend on the Equipment Plan budget. It also does not know whether its contingency of £4.7 billion is a sufficient buffer against risks to the Plan. The affordability of the Equipment Plan is heavily reliant on achieving significant savings in some of its major programmes. For example, the MoD has assumed savings of over £2 billion in two large programmes, the Complex Weapons and Submarine Enterprise Performance Programmes, but achieving these will be a challenge. Any changes to these two programmes could jeopardise the expected savings and so put affordability at risk. Project teams do not yet have enough staff with the right skills to employ proper cost and risk management techniques. Treasury and Cabinet Office should look across Government at skills shortages and go for solutions that do not require bureaucratic reorganisations to recruit skilled people at market rates.
Author : Great Britain. National Audit Office
Publisher : The Stationery Office
ISBN 13 : 9780102954500
Total Pages : 224 pages
Book Rating : 4.9/5 (545 download)
Download or read book Major Projects Report 2008 written by Great Britain. National Audit Office and published by The Stationery Office. This book was released on 2008 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: A companion work to the main report (HCP 64-I).
Author : Great Britain. National Audit Office
Publisher : The Stationery Office
ISBN 13 : 9780102963342
Total Pages : 44 pages
Book Rating : 4.9/5 (633 download)
Download or read book The Major Projects Report 2009 written by Great Britain. National Audit Office and published by The Stationery Office. This book was released on 2009 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: The current defence programme is unaffordable. The Ministry of Defence (MOD) has already reduced the deficit between the defence budget and planned expenditure by £15 billion, but a shortfall of between £6 billion and £36 billion remains. The financial crisis means a substantial increase in funding is unlikely, and closing the gap will require bold action as part of the Strategic Defence Review which is expected after the General Election. The MOD has reduced equipment numbers being bought on some projects and taken short-term decisions to slip other projects, but this approach will lead to long-term cost increases. In 2008-09, costs on the 15 major defence projects examined by the NAO increased by £1.2 billion, with two thirds (£733 million) directly due to the decision to slow projects. This approach does not address the fundamental affordability problems, increases through-life costs and represents poor value for money on the specific projects affected. There are signs of improvement in project cost control with innovative decisions being taken to ensure progress but unless the MOD addresses the underlying budgetary and governance issues it will not consistently deliver value for money nor will the operational benefits of expensive new capabilities be available to the Armed Forces in a timely manner or in the numbers originally planned. The current cost of 15 major military projects has risen by £3.6 billion, compared with the expected costs when the investment decisions were taken. The total slippage, averaged over the 14 major projects with in service dates, is over two years per project.
Author : Great Britain: National Audit Office
Publisher : The Stationery Office
ISBN 13 : 9780102976793
Total Pages : 328 pages
Book Rating : 4.9/5 (767 download)
Download or read book The major projects report 2011 written by Great Britain: National Audit Office and published by The Stationery Office. This book was released on 2011-11-16 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a companion volume to the main report (HC 1520-I, ISBN 9780102976786)
Author : Great Britain: National Audit Office
Publisher : The Stationery Office
ISBN 13 : 9780102980592
Total Pages : 412 pages
Book Rating : 4.9/5 (85 download)
Download or read book The Major Projects Report 2012 written by Great Britain: National Audit Office and published by The Stationery Office. This book was released on 2013-01-10 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt: In respect of its largest defence projects there are early signs that the Ministry of Defence has begun to make realistic trade-offs between cost, time, technical requirements and the amount of equipment to be purchased. Nevertheless, the continuing variances to cost and time show the MOD needs to do consistently better. This report, which gives a progress review of the 16 largest defence projects, shows that in the last year there has been a total forecast slippage of 139 months and increase in costs of £468 million. This means that, since the projects were approved, costs have increased by £6.6 billion (around 12 per cent more than the planned cost) and the projects have been delayed by 468 months, taking almost a third longer than originally expected. It would be unrealistic to expect MOD and industry to identify every risk at the start of technically challenging projects. However, the continuing problems indicate that MOD has more to learn from historic. The MOD is accepting the capability risk and some wider costs resulting from these project delays and is having to make difficult decisions about long-term capabilities. The MOD has made a significant investment in new and upgraded helicopters to address the shortfall identified in the NAO's 2004 report. The MOD has also spent £787 million on air transport and air-to-air refuelling aircraft to support current operations and address capability gaps, such as those caused by the previously reported delays to the A400M transport aircraft. However, capability gaps remain
Author : Great Britain: National Audit Office
Publisher : The Stationery Office
ISBN 13 : 9780102965513
Total Pages : 302 pages
Book Rating : 4.9/5 (655 download)
Download or read book The major projects report 2010 written by Great Britain: National Audit Office and published by The Stationery Office. This book was released on 2010-10-15 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a companion volume to the main report (HC 489-I, ISBN 9780102965506)
Author : Joint Committee of Public Accounts and Audit
Publisher :
ISBN 13 : 9781743663240
Total Pages : pages
Book Rating : 4.6/5 (632 download)
Download or read book Report 448 written by Joint Committee of Public Accounts and Audit and published by . This book was released on 2015-05-25 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Joint Committee of Public Accounts and Audit
Author : Great Britain: Parliament: House of Commons: Committee of Public Accounts
Publisher : Stationery Office
ISBN 13 : 9780215057419
Total Pages : 40 pages
Book Rating : 4.0/5 (574 download)
Download or read book Ministry of Defence written by Great Britain: Parliament: House of Commons: Committee of Public Accounts and published by Stationery Office. This book was released on 2013-05-14 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Ministry of Defence has now reported on the affordability of its ten-year forward plan to purchase and support military equipment (the Equipment Plan) totalling some £159 billion, as well as its progress on delivering its largest projects in 2012. The Department has made a good start but there are concerns about over-optimistic assumptions, the completeness and robustness of support cost estimates, and risks to capability. The affordability of the Plan is based on an agreement between the Department and HM Treasury that it will receive a one per cent annual increase in its equipment budget over the period from 2015-16 to 2020-21. If this is now not achieved in the current fiscal circumstances then the current plan may well be unaffordable. The addition of a contingency provision of £4.8 billion is a positive step, however this may not be sufficient to absorb cost growth. In addition, the Department lacks a robust understanding of the support costs, and the associated risks, including the size of the budget that may be required to recover equipment from Afghanistan. The Department also faces a particular challenge in delivering projects to agreed timescales. Ultimately, the Department bears the risk of these delays in terms of military capability and we need greater transparency on these risks and how they are mitigated. This includes the Department being clear on the impact on capability if the £8 billion that is currently unallocated in the budget cannot be used for purchasing new equipment because it is needed to absorb cost growth
Author : National Archives (Great Britain)
Publisher :
ISBN 13 : 9781474105071
Total Pages : 104 pages
Book Rating : 4.1/5 (5 download)
Download or read book Annual Report and Accounts of the National Archives 2013-14 written by National Archives (Great Britain) and published by . This book was released on 2014 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Oxford Business Group
Publisher : Oxford Business Group
ISBN 13 : 1907065970
Total Pages : 332 pages
Book Rating : 4.9/5 (7 download)
Download or read book The Report: Abu Dhabi 2014 written by Oxford Business Group and published by Oxford Business Group. This book was released on 2014-03-25 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although the emirate’s economic growth can be primarily attributed to its vast hydrocarbons resources, it has also made progress diversifying into new sectors such as manufacturing, tourism, aerospace, defence, finance and logistics. In addition to its economic investments, Abu Dhabi has also made major contributions to social welfare as well as infrastructure, which has been identified as the bedrock for future growth. The government has played a key role in the expansion of the security, aerospace and defence industry over the past decade in an effort to strengthen the UAE’s defence capabilities and as a means of boosting economic diversification. Despite challenges such as a high level of regional competition, most local defence and aviation firms expect to see continued expansion for years to come. The evidence suggests that the emirate has succeeded in nurturing new economic sectors and is on track to meet its goals. The oil and gas sector accounted for 56.5% of Abu Dhabi’s GDP at current prices in 2012, followed by construction (9.6%), manufacturing (5.9%) and real estate (4.4%).
Author : Oxford Business Group
Publisher : Oxford Business Group
ISBN 13 : 1910068004
Total Pages : 326 pages
Book Rating : 4.9/5 (1 download)
Download or read book The Report: Qatar 2014 written by Oxford Business Group and published by Oxford Business Group. This book was released on 2014-04-15 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: 2013 saw the transition of power from the former Emir, Sheikh Hamad bin Khalifa Al Thani, to Sheikh Tamim bin Hamad Al Thani, his fourth son and second son with Sheikha Moza bint Nasser, a move unprecedented elsewhere in the Gulf but not unexpected in Qatar. With sustained, long-term economic growth, the highest per capita income in the world, a stable and well-capitalised banking sector, a sovereign wealth fund that is of true global significance and one of the largest reserves of natural gas just offshore, Qatar today has many advantages. It is clear that the country is in a strong position from which to continue its robust economic performance, and the years ahead will see a vast construction drive, in line with the principles of Qatar National Vision 2030 and catalysed by preparations for the 2022 FIFA World Cup. Oil and gas accounted for around 51.5% of Qatar’s economic output in 2013, while developing downstream facilities that add value to energy by-products, for example, has helped build a portfolio of petrochemicals, chemicals and fertiliser companies and looks set to see Qatar’s economic strength continue. With more than $222bn of projects in the pipeline, the construction sector’s growth has been forecast at 15% for 2014, while spending on infrastructure is set to reach $150bn in the run-up to the 2022 FIFA World Cup. Against this backdrop, Qatar looks set to continue offering a wide variety of opportunities for foreign investors.
Author : Great Britain: National Audit Office
Publisher : The Stationery Office
ISBN 13 : 9780102951493
Total Pages : 200 pages
Book Rating : 4.9/5 (514 download)
Download or read book Major projects report 2007 written by Great Britain: National Audit Office and published by The Stationery Office. This book was released on 2007-11-30 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a companion volume to the main report (HCP 98-I, ISBN 9780102951486) and a third volume (HCP 98-III, ISBN 9780102951509) which examines the landing ship dock (auxiliary) project
Author : Oxford Business Group
Publisher : Oxford Business Group
ISBN 13 : 1910068403
Total Pages : 180 pages
Book Rating : 4.9/5 (1 download)
Download or read book The Report: Kuwait written by Oxford Business Group and published by Oxford Business Group. This book was released on 2015-09-28 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: Kuwait is one of the biggest players in the global energy market, with its proven oil reserves currently the sixth largest in the world. Although revenues from hydrocarbons account for more than 60% of GDP and 95% of exports, the country’s low production costs and sizeable fiscal reserves mean it is well positioned to cope with lower oil prices in the short term. This is clear from the government’s ongoing commitment to delivering projects outlined in the national development strategy, Kuwait Vision 2035. In the financial services sector, Kuwait continues to perform well, as a series of regulations put in place by the Central Bank of Kuwait in recent years have served to shore up the sector’s recovery from the global economic downturn.
Author : Oxford Business Group
Publisher : Oxford Business Group
ISBN 13 : 1910068063
Total Pages : 272 pages
Book Rating : 4.9/5 (1 download)
Download or read book The Report: Mexico 2014 written by Oxford Business Group and published by Oxford Business Group. This book was released on 2014-06-06 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: The second-largest economy in Latin America, Mexico seems poised to enter a new growth phase as the government of Enrique Peña Nieto implements radical changes in a number of sectors across the economy. The reforms, aimed at raising the competitiveness of the Mexican economy, have the potential to establish Mexico’s position as a regional powerhouse. Optimism surrounding the recent wave of reforms, coupled with a stable macroeconomic environment and an improved credit rating from international agencies, has placed Mexico centre-stage. Despite slower than anticipated growth of 1.1% in 2013, a wave of reforms affecting a range of sectors is expected to bring a new dynamism to the economy and continue to attract increasing amounts of foreign investment. A highly anticipated energy reform approved by Congress in 2013 will for the first time in decades open the nationalised oil industry to foreign investment, while a new public-private partnership law is set to provide the climate of legal certainty needed to attract private investment in the myriad of sectors undergoing expansion. While challenges remain, in particular informality and deficient domestic supply chains, growth prospects remain positive for the second-largest economy in Latin America.
