- Finance Explained
- About us
- Financial operations
- Procurement Services
- Financial regulations and policies
- Capital planning and project authorisation
- Financial planning, management and reporting
- Financial Statements
- Internal and external audit
- Student Finance
- Finance & Procurement Training
- C1: Appraisal and authorisation
- C2: Authorisation limits and process
- C3: Project proposal form and request for authority form
- C4: Revised request for authority
- C5: Post project appraisal and evaluation
- C6: Type of post project appraisal
- C7: Role of the committees
- C7.1: VCEG
- C7.2: Infrastructure Coordination Group
- C7.3: Infrastructure Strategy Group
- C7.4: Council
- C7.5: Project Coordination Group
- C8: Procurement
- C9: University and College strategic goals
- C10: Self funded schemes
- C11: Key deliverables
- C12: Implementation costs and income
- C13: Operational costs and income
- C14: Inflation
- C15: Discount rates and expected rates of return
- C16: Reviewing alternatives
- C17: Appraisal narrative
- C18: Risk mitigation and avoidance
- C19: Project team competencies
C5: Post Project Appraisal and Evaluation
Post project appraisals need to be carried out on all projects.
A post project appraisal determines the extent to which a project met the budget, timetable and the key deliverables.
Project appraisal is presumed to be scheduled to take place 12 months after the completion of the implementation expenditure for a project. However, this will need to be considered for each project.
Post project appraisals should be completed by the Project Manager and should identify:
- The final project cost, which should be compared with both the latest authorised amount and the original authorised amount. Explanations of all variances should be noted.
- The actual completion date of the implementation stage of the project, which should be compared with the latest authorised completion date and the original completion date. Explanations should be given for the variances.
- The delivered key deliverables, which should be compared with the latest authorised key deliverables and the original key deliverables. Explanations should be given for significant variances.
- Any lessons to be learnt from the project, and how these will be embedded in future.