1. Strategic need and priority
Is there a clear, strategic need aligned to the business/organisation priorities?
2. Rationale and timing of proposal
What are the consequences of not proceeding with the investment and why is funding required now?
3. Value for money
Has a wide range of options been assessed to demonstrate if the investment delivers the best use of money?
4. Clear definition of scope
Is the scope clearly defined and linked to the business/organisation objectives in a way that will deliver the intended benefits?
5. Sound management of risks
Is there a demonstrated depth of knowledge and leadership to manage and respond to risks?
6. Delivery capacity and capability
Is there a sufficient appreciation to procure and deliver the project in such a way to realise the claimed benefits?