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Major Projects Report 2005
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Book Synopsis Major Projects Report 2005 by : Great Britain: National Audit Office
Download or read book Major Projects Report 2005 written by Great Britain: National Audit Office and published by The Stationery Office. This book was released on 2005-11-25 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a companion volume to the main report (HCP 595-I, session 2005-06, ISBN 0102936250), and contains project summary sheets for the 30 projects covered.
Book Synopsis Major Projects Report 2005 by : Great Britain: National Audit Office
Download or read book Major Projects Report 2005 written by Great Britain: National Audit Office and published by The Stationery Office. This book was released on 2005-11-25 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: This particular publication is published alongside a second volume containing the project summary sheets (HCP 595-II ISBN 0102936439). This NAO report represents the 14th such report into the MoD's procurement of defence equipment. The report examines cost, time and performance data for projects in the year ended 31 March 2005. In total 30 defence equipment projects were examined. Part 1 of this report presents the overall performance of these projects and the progress in implementing Smart Acquisition; Part 2 examines the assessment phase in more detail. The NAO proposes a number of recommendations, among them are: that the cost-effective and timely delivery of mission critical equipments need to be fully recognized when the main investment decision is made; that the Department should clarify what is required to demonstrate the maturity of different types of project, including a clear statement of required best practice along with the consideration of risk and cost and time estimates that are appropriate to the individual projects undertaken.
Book Synopsis Major Projects Report 2006 by : Great Britain: National Audit Office
Download or read book Major Projects Report 2006 written by Great Britain: National Audit Office and published by The Stationery Office. This book was released on 2006-11-24 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: This particular publication is published alongside a second volume containing the project summary sheets (HCP 23-II ISBN 0102943737). This NAO report into the MoD's procurement of defence equipment examines the cost, time and performance data for projects in the year ended 31 March 2006. In total 30 defence equipment projects were examined (20 where the decision to proceed had been taken and 10 still being assessed). One project, the PFI deal for Skynet 5 communication satellites is dealt with in a separate appendix so that account can be taken of its restructuring. Traditionally these reports have focused on trends and reasons for cost movement. This year the focus is on the Department's efforts to live within its means by reallocating costs and re-assessing quantities. As well as the summary assessment of performance, the report contains case studies of major projects.
Book Synopsis The major projects report 2011 by : Great Britain: National Audit Office
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 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: Action taken by the Ministry of Defence to balance its overall budget in the short term following the Strategic Defence and Security Review has contributed to a near £500 million in-year cost increase in the 15 largest defence projects. When coupled with previous cost growth, these projects are now £6 billion above forecasts made when the main investment decisions were taken. For the third successive year, central planning decisions taken by the Department, including delaying various projects, have had the biggest impact on cost growth, accounting for £237 million of the increase. Of this, £113 million relates to decisions to enhance capability. Macro-economic factors, such as adverse foreign exchange rates, accounted for £176 million of the increase. Cost overruns from project-specific technical issues accounted for £53 million. During 2010-11, there was a total increase of 30 months (with an average two months per project) in the forecast time to complete these projects and bring them into service. This brings the total delay on all 15 projects to 26.8 years. Long-term cost analysis by the NAO has shown that the difference between the approved and forecast costs of all projects which have had their main investment decision approved since 2000 is £10.6 billion (an 11.4 per cent increase). Additional costs have been avoided by reducing the amount of equipment the Department originally planned to buy. Had the Department not reduced equipment numbers, cost growth could have been between £18.2 billion and £19.4 billion (approximately 20 per cent) above the approved costs.
Author :Great Britain: Parliament: House of Commons: Committee of Public Accounts Publisher :The Stationery Office ISBN 13 :9780215029362 Total Pages :36 pages Book Rating :4.0/5 (293 download)
Book Synopsis Ministry of Defence by : Great Britain: Parliament: House of Commons: Committee of Public Accounts
Download or read book Ministry of Defence written by Great Britain: Parliament: House of Commons: Committee of Public Accounts and published by The Stationery Office. This book was released on 2006-06-27 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Following on from the NAO report (HCP 595-I, session 2005-06; ISBN 0102936250) published in November 2005, the Committee's report examines the recommendations made to improve the MoD's procurement of defence equipment focusing on time, cost and performance data for 30 defence projects in the year ended March 2005. This covers the 20 largest projects where the main investment decision has been taken and the 10 largest projects still in the assessment stage. The Committee's report focuses on three main issues: options for enhancing programme and project management of defence acquisition; the impact of older projects on overall acquisition performance; and value for money from the Defence Industrial Strategy. Findings include: i) the MoD has reduced the forecast costs of its top 19 projects by some £700 million, but these cuts were needed to bring the Defence Equipment Plan under control rather than the result of better project management; ii) some of the latest capability cuts are short-term expediencies which may result in an erosion of core defence capability or in higher costs throughout the life of individual projects; and iii) despite previous assurances that it had restructured many of its older projects to address past failures, the MoD still attributes much of its historic poor performance to so called "toxic legacy" projects which continue to accumulate considerable time and cost overruns, and it is now time that such projects were put on a firm footing with realistic performance, time and cost estimates against which the MoD and industry can be judged.
Book Synopsis Major projects report 2007 by : Great Britain: National Audit Office
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 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Major Projects Report 2007 covers cost, time and performance data for military equipment projects in the year ended 31 March 2007. 20 of the largest projects are examined where the main investment decision has been taken by the Ministry of Defence (the MoD), along with ten projects still in the Assessment Phase. Overall the MoD is in a similar position to 2006 for forecast cost and performance, but there continue to be time delays. The current total forecast cost for the 20 largest projects is £28 billion, which is £2.5 billion over the 'most likely' budget when the main investment decision was taken. The MoD expects ten projects to deliver within their most likely budgeted cost. Most of this cost growth occurred in earlier years but, on two projects, the Type 45 Destroyer (£354 million) and the Astute Class Submarine (£142 million), there has been significant cost growth in-year. The MoD has now agreed revised contracts on both of these projects to incentivise industry to reduce costs. The MoD was again pro-active in limiting potential in-year cost increases on individual projects through reassessing requirements, reducing quantities of equipments and re-allocating expenditure to other projects or budget lines. Five projects were delayed by a total of an extra 38 months this year. Of these, the most significant were the Type 45 Destroyer which has been delayed by a further 11 months and the Terrier and Next Generation Light Anti-Armour Weapon projects have each been delayed by a further 12 months. Detailed Summary Sheets for each of the 30 Projects are in Volume 2 (HCP 98-II, ISBN 9780102951493). There have been significant developments of interest on a project that appeared in the Major Projects Report until 2002-03, the Landing Ship Dock (Auxiliary) project, and detailed findings are given in Volume 3 (HCP 98-III, ISBN 9780102951509).
Book Synopsis Major Projects Report 2008 by : Great Britain. National Audit Office
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 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Major Projects Report 2007 covers cost, time and performance data for military equipment projects in the year ended 31 March 2008. 20 of the largest projects are examined where the main investment decision has been taken by the Ministry of Defence (the MoD) along with ten projects still in the Assessment Phase. Six projects are new to this report: future lynx; modernised target acquisition designation sight/pilots night vision sensor; naval extrememly high frequency/super high frequency satellite communication terminals; Typhoon future capability programme; advanced jet trainer project and project Eagle
Author :Great Britain: Parliament: House of Commons: Defence Committee Publisher :The Stationery Office ISBN 13 :9780215028396 Total Pages :78 pages Book Rating :4.0/5 (283 download)
Book Synopsis Ministry of Defence Annual Report and Accounts 2004-05 by : Great Britain: Parliament: House of Commons: Defence Committee
Download or read book Ministry of Defence Annual Report and Accounts 2004-05 written by Great Britain: Parliament: House of Commons: Defence Committee and published by The Stationery Office. This book was released on 2006-04-20 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report analyses MoD's annual report and accounts 2004-05 (published in October 2005 - later than planned - as HC 464, session 2005-06, ISBN 0102935424) which combines MoD's annual performance report and the consolidated departmental resource accounts. Overall MoD's performance against its seven Public Service Agreement (PSA) targets has been mixed: three were "met", two were "partly met", one was "on course" to be met, and one was "not yet assessed". On recruitment and retention (partly met) all three armed services are suffering from critical shortages in various specialist trades, including aircrew and medical personnel. Although MoD reported £400m of savings in the operating costs of the Defence Logistics Organisation, the Committee criticizes the fact that not all of them could be validated. On procurement, MoD did not meet the targets relating to project time slippage. Cost decreases of £699 million were reported on the top 20 major defence equipment projects, but much of this was a result of cuts in the numbers of equipment ordered or in the capability of equipment. Losses reported in MoD's Financial Accounts totalled some £400 million, a lower figure than the previous year but still a substantial sum. Reported losses on the Landing Ship Dock (Auxiliary) programme, which involves the procurement of four transport ships, were some £100 million and further losses might arise. Another loss totalling £147 million related to a building project at the Atomic Weapons Establishment at Aldermaston. The building was unable to meet the requirement and no other use could be found for it. It is another example of substantial waste which has to avoided in the future.
Book Synopsis The major projects report 2010 by : Great Britain: National Audit Office
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 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: Central departmental decisions by the Ministry of Defence to try to balance the defence budget have reduced its cash-flow requirements in the short-term but at a long-term cost that represents poor value for money for the taxpayer. Not making realistic budgetary provision for all likely project outcomes and slowing down projects has resulted in a £3.3 billion increase in a single year, 2009-10, in the total cost of the 15 largest defence equipment projects. For the second successive year the cost performance on the majority of projects has been broadly stable and the rate of timescale slippage has also reduced significantly since last year and 98 per cent of Key Performance Indicators are expected to be met. The MOD did not make realistic budgetary provision for all potential costs, for example, on the Typhoon combat aircraft where the Department decided that it needed to spend £2.7 billion on the programme including the purchase of 16 additional aircraft to meet contractual agreements. It has slowed down projects such as the Queen Elizabeth Class aircraft carriers, leading to further project cost growth of £650 million. And, to address cost overruns, the Department has also reduced the number of items, and therefore capability, to be procured. The MOD recently undertook to report annually to Parliament on the affordability of its ten-year equipment plan, which should help deter the corporate practices which have adverse value for money implications.
Book Synopsis Reducing the Reliance on Landfill in England by : Great Britain: National Audit Office
Download or read book Reducing the Reliance on Landfill in England written by Great Britain: National Audit Office and published by The Stationery Office. This book was released on 2006-07-26 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1999 the European Union introduced a Directive that require the UK to reduce the amount of biodegradable waste disposed of in landfill. By 2010 we have to landfill 75% of the amount landfilled in 1995. This figure reduces to 50% by 2013 and 35% by 2020. If the target is not met then the UK could be fined for non-compliance. So far DEFRA has spent £336 million on initiatives to reduce the amount of landfill, but reductions have been offset by growth in the amount of waste produced and there is a risk that the targets will not be met. An emphasis on recycling alone is not enough. DEFRA needs to focus on helping the 25 authorities that send most to landfill and help develop alternative waste facilities, as well as encouraging more households to recycle and compost. This examination of the problem is in four parts: 1) England needs to reduce the amount of biodegradable municipal waste disposed through landfill; 2) earlier delays I taking action made European Union targets more difficult to achieve; 3) without a step change in existing local authority plans, England will not achieve its share of the reductions in landfill the European Union requires by 2010 and 2013; 4) recycling and minimisation need to contribute more to reducing the amount of biodegradable municipal waste sent to landfill.
Book Synopsis The Major Projects Report 2009 by : Great Britain. National Audit Office
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 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a companion volume to the main report (HCP 85-I, ISBN 9780102963342)
Author :Great Britain: Parliament: House of Commons: Committee of Public Accounts Publisher :Stationery Office ISBN 13 :9780215025791 Total Pages :34 pages Book Rating :4.0/5 (257 download)
Book Synopsis Ministry of Defence by : Great Britain: Parliament: House of Commons: Committee of Public Accounts
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 2005-10-13 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: Following on from an NAO report (HCP 1159-I, session 2003-04; ISBN 0102930481) published in November 2004, the Committee report considers the recommendations of the Major Projects Report 2004. This report examined cost, time and technical performance data for 30 defence projects in the year ended March 2004, which included 20 post-Main Gate projects (where the main investment decision to proceed had been taken by the Ministry of Defence, and ten projects still in the assessment stage. The Committee's report focuses on three main issues: the impact of the continuing large cost overruns and delays; the challenge of handling large complex projects; and whether the latest reform programme will succeed where previous ones have failed. Findings include that the £4.8 billion of cost overruns recorded in the Major Projects Reports 2003 and 2004 will put further pressure on an already tightly-stretched defence budget; and the principles underpinning Smart Acquisition are sound, but have not convincingly improved defence procurement because they have not been consistently applied. The conclusions and recommendations set out build upon those given in previous Committee reports, particularly that in 2003, and these should now be progressed as a consistent and coherent programme.
Book Synopsis The Major Projects Report 2012 by : Great Britain: National Audit Office
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
Book Synopsis Innovations in Defence Support Systems – 1 by : Anthony Finn
Download or read book Innovations in Defence Support Systems – 1 written by Anthony Finn and published by Springer. This book was released on 2010-07-17 with total page 203 pages. Available in PDF, EPUB and Kindle. Book excerpt: Innovations in the area of Defence Support Systems are multi-disciplinary, cover a broad range of technologies, and could not possibly be covered within a single volume. This research book presents a sample of research as below: • On the Transition of Innovation and Technology in Defence • Inserting Innovations In-service • Classification of Battlefield Ground Vehicles based on the Acoustic Emissions • Convoy Movement Problem – An Optimization Perspective • Machine Vision Algorithms for Autonomous Aerial Refueling for UAVs using the USAF Refueling Boom Method • Motion Optimization Scheme for Cooperative Mobile Robots • An Automated Decision System for Landmine Detection and Classification The book is directed to the application engineers, research students, professors, decision makers and scientists & engineers working in defence and related areas.
Author :Great Britain: Parliament: House of Commons: Committee of Public Accounts Publisher :The Stationery Office ISBN 13 :9780215036056 Total Pages :52 pages Book Rating :4.0/5 (36 download)
Book Synopsis Ministry of Defence by : Great Britain: Parliament: House of Commons: Committee of Public Accounts
Download or read book Ministry of Defence written by Great Britain: Parliament: House of Commons: Committee of Public Accounts and published by The Stationery Office. This book was released on 2007-09-11 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report from the Committee of Public Accounts provides information on the time, cost and performance of the 20 largest projects of the Ministry of Defence where the main investment decision (known as Main Gate) has been taken. This report follows on from a two volume NAO report published in November 2006 (HCP 23-I/23-II, 06/07 - ISBNs 9780102943740; 9780102943733), into the major projects of the Ministry of Defence. Evidence was taken by the Committee based on the NAO report, covering three main issues: the impact of the cost saving measures identified by the Departmental reviews in 2005-06; the performance of individual projects; the Department's initiatives to improve acquisition performance. The Department undertook a review of the 20 post-Main Gate projects, which reduced costs by £781 million. With £91 million a HM Revenue & Customs rebate, and £242 million the result of better management of commercial and contractual arrangements. But, £448 million of the costs were reclassified as expenditure in other procurement or support budgets or towards corporate management. The re-allocations have, according to the Committee, achieved cost reductions for individual projects, but do not represent a saving for the Department as a whole. Total forecast costs for the approved projects amounts to £27 billion, some 11% over budget. Forecast in-service dates slipped 33 months in-year, and there is a cumulative delay of 433 months for projects over their lives so far. The Department is now placing increased emphasis on through life management of Defence projects, involving the life-cycle management of the projects, services and activities.
Book Synopsis Aiming for Global Accounting Standards by : Kees Camfferman
Download or read book Aiming for Global Accounting Standards written by Kees Camfferman and published by OUP Oxford. This book was released on 2015-03-26 with total page 728 pages. Available in PDF, EPUB and Kindle. Book excerpt: The International Accounting Standards Board (IASB) and its International Financial Reporting Standards (IFRSs), have acquired a central position in the practice and regulation of financial reporting around the world. As a unique instance of a private-sector body setting standards with legal force in many jurisdictions, the IASB's rise to prominence has been accompanied by vivid political debates about its governance and accountability. Similarly, the IASB's often innovative attempts to change the face of financial reporting have made it the centre of numerous controversies. This book traces the history of the IASB from its foundation as successor to the International Accounting Standards Committee (IASC), and discusses its operation, changing membership and leadership, the development of its standards, and their reception in jurisdictions around the world. The book gives particular attention to the IASB's relationships with the European Union, the United States, and Japan, as well as to the impact of the financial crisis on the IASB's work. By its in-depth coverage of the history of the IASB, the book provides essential background information that will enrich the perspective of everyone who has to deal with IFRSs or the IASB at a technical or policy-making level.
Book Synopsis Parliamentary Debates (Hansard). by : Great Britain. Parliament. House of Commons
Download or read book Parliamentary Debates (Hansard). written by Great Britain. Parliament. House of Commons and published by . This book was released on 2008 with total page 1124 pages. Available in PDF, EPUB and Kindle. Book excerpt:
