These guidelines provide practical assistance to anyone developing investment projects in Victoria. They help shape proposals, inform investment decisions, monitor project delivery and track the benefits of investments.
They emphasise the need to better align the policies, programs and projects of departments and agencies with government priorities and outline the requirements under the high value high risk process. The guidelines will help ensure government investments provide maximum benefit to Victoria.
There are three stages in the investment process: 1. Business case, 2. Procurement, 3. Delivery.
Note that references to the previous five-stage process may remain across supporting documents which form part of the framework. Where they appear, these should be read as the new three-stage process.