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Book Major Projects Report 2008

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

Book The Major Projects Report 2009

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)

Book The major projects report 2010

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 Major projects report 2007

    Book Details:
  • Author : Great Britain: National Audit Office
  • Publisher : The Stationery Office
  • Release : 2007-11-30
  • ISBN : 9780102951486
  • Pages : 40 pages

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 Major Projects Report 2006

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 The major projects report 2010

Download or read book The major projects report 2010 written by Great Britain: Parliament: House of Commons: Committee of Public Accounts and published by The Stationery Office. This book was released on 2011-02-22 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report examines the Ministry of Defence's progress in meeting cost, time and performance targets for its 15 top-spending military equipment projects. The Committee has reported before that the defence equipment programme is unaffordable with commitments exceeding forecast budgets over a ten year period by £36 billion. The MoD's short term decisions to keep in year expenditure within voted limits and the need to understand the full cost implications of these decisions have damaging consequences. In this year alone the cost of the major projects rose by £3.3 billion and nearly £5 billion was lost by late cancellations. The scale of problems created by this financial imbalance masks the improved performance of the majority of projects against cost and budget. The Strategic Defence and Security Review (SDSR) offered the Department an opportunity to bring its plans into balance with the expenditure limits set in the Comprehensive Spending Review. Projects such as the Nimrod MRA4 and Sentinel aircraft have been cancelled, accepting greater operational risks in some areas and writing off nearly £5 billion of taxpayer's money. But implementing the SDSR will require further decisions and the renegotiation or cancellation of a significant number of existing contracts to make the programme affordable. The Department has a poor track record in taking such decisions on the well informed basis necessary to optimise value for money. Other projects examined in detail include the Queen Elizabeth Class aircraft carriers and the Typhoon aircraft.

Book The major projects report 2011

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)

Book Major Projects Report 2005

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 The Major Projects Report 2012

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 78 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 Ministry of Defence Major Projects Report 2003 Forty Third Report of Session 2003 04   Report Together with Formal Minutes Oral and Written Evidence

Download or read book Ministry of Defence Major Projects Report 2003 Forty Third Report of Session 2003 04 Report Together with Formal Minutes Oral and Written Evidence written by Great Britain: Parliament: House of Commons: Committee of Public Accounts and published by The Stationery Office. This book was released on 2004 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Major Projects Report 2003 provides information on progress made by the Ministry of Defence in procuring major defence equipment against cost, time and technical performance targets. It covers 30 projects split, according to Smart Acquisition principles, between the 20 largest projects on which the main investment decision has been taken, and the 10 largest projects yet to reach that point. For the 20 largest projects, costs are forecast to have increased by £3.1 billion in the last year, and are now 6.1 per cent over their approved costs. Difficulties on four older projects (which predate the introduction of Smart Acquisition) account for the majority of cost and time overruns. Following on from a NAO report on this topic (HCP 195, session 2003-04; ISBN 0102926581) published in January 2004, the Committee's report examines four main issues: the impact of the large cost overruns and delays; departmental risk management; ways of developing a more constructive relationship between the Department and industry; and lessons that need to be learned to avoid such poor procurement performance being repeated in future.

Book A Report to the Major Projects Task Force by the Sub Committee on the Role of Government

Download or read book A Report to the Major Projects Task Force by the Sub Committee on the Role of Government written by Major Projects Task Force (Canada) and published by Canada : Major Projects Task Force. This book was released on 1980 with total page 95 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Major Projects Report 2015 and the Equipment Plan 2015 to 2025

Download or read book Major Projects Report 2015 and the Equipment Plan 2015 to 2025 written by Amyas Morse and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Major Projects Report 2021

Download or read book Major Projects Report 2021 written by and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book A Report to the Major Projects Task Force by the Financial Capability Sub Committee Part of the Role of Government

Download or read book A Report to the Major Projects Task Force by the Financial Capability Sub Committee Part of the Role of Government written by Major Projects Task Force (Canada) and published by Canada : Major Projects Task Force. This book was released on 1980 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Quarterly Report for Major Projects

Download or read book Quarterly Report for Major Projects written by and published by . This book was released on 2008 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Major Projects Report

Download or read book Major Projects Report written by Empire State Development and published by . This book was released on 2000 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Transportation Subcommittee Report to the Major Projects Task Force

Download or read book Transportation Subcommittee Report to the Major Projects Task Force written by Major Projects Task Force (Canada). Transportation Subcommittee and published by Canada : Transportation Subcommittee. This book was released on 1980 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: