- 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 and 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
C9: Link to University and college or service strategic goals
All projects undertaken must be consistent with both the University’s and the college’s or service’s strategic objectives. The investment appraisal must be able to evidence that the projects outputs will have a positive impact on the strategies of the University and the budget centres.
It is important to bear in mind when evaluating the positive impact of a project on strategic goals that colleges, services and the University have limited resources. As such it is probable that some projects with positive impacts on strategic goals may be rejected. This is not because they are not good projects, but that with limited resources capacity exists only to fund the best projects.
The University’s corporate strategy and objectives are set out in the Strategic Plan.
Projects that have a positive impact on one or more of the following will be considered so long as they do not have a negative impact elsewhere.
The strategic goals are aimed towards ‘Top 10 by 2012’. The strategic measures can be found on the Strategic Planning and Change web pages.
The investment appraisal should also be considered against the college and service strategic objectives as set out in the college or service five-year plans.