Irish Government Economic and Evaluation Service Spending Review 2022 Overview
The spending review focuses on exploring capital investment programmes in Ireland, aiming to enhance guidance for better planning and appraisal methods. It addresses the shortcomings in current practices and suggests updates for a more effective public spending code.
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Presentation Transcript
IGEES Irish Government Economic and Evaluation Service Spending Review 2022 The Public Spending Code: Planning, Appraising and Managing Capital Investment Programmes Mark Connolly & Frank Newman Department of Public Expenditure and Reform December 2022
Spending Review 2022 Overview Overview Programmes are constituted of a number of related projects being managed in a manner that is intended to realise benefits and controls that could not be achieved by delivering projects individually. They are alternative means of structuring capital investments with a focus on delivering wider strategic outcomes rather than a focus on the efficient and timely delivery of specific outputs associated with standard capital investment projects. Capital investment programmes have the potential to help Sponsoring Agencies in Ireland deliver some of the public capital investments outlined in the National Development Plan. However, existing capital investment appraisal guidance in the Public Spending Code does not sufficiently address how these types of intervention should be planned, appraised and managed. 2 Rialtas na h ireann | Government of Ireland
Spending Review 2022 Aims & Objectives Aims and Objectives The paper aimed to assess appraisal and planning guidance for capital investment programmes used in other jurisdictions. The paper aimed to identify shortcomings in the existing guidance relating to capital investment programmes and sets out a number of recommended guidance updates for each stage of the existing Public Spending Code Project lifecycle. The paper was also intended to briefly explore the need for further guidance on capital grant schemes. 3 Rialtas na h ireann | Government of Ireland
Spending Review 2022 Key Findings Key Policy Relevant Findings The Public Spending Code should provide a clear definition of programmes and outline potential different programme structures. Key distinguishing characteristics of programmes should be set out to avoid any confusion with certain types of project. There are a number of substantive changes required to existing Public Spending Code guidelines to allow for appropriate development of programmatic capital investments. The Preliminary Business Case stage of the project lifecycle will need to include a substantial portion of the recommended guidance updates for programmatic interventions. In particular, programme appraisal practices from other jurisdictions highlight the need for the separate appraisal of project level options and programme level options. There are additional appraisal challenges for programmes that should be noted and if possible addressed in updated Public Spending Code guidance. This includes potential issues of double-counting, the impact of interdependencies, the use of different appraisal metrics and methodologies and setting appropriate appraisal time horizons for the projects within a programme. 4 Rialtas na h ireann | Government of Ireland
Spending Review 2022 Key Findings Key Policy Relevant Findings Provisions should be made within the Public Spending Code to allow for the submission of a single programme Strategic Assessment Report and programme Preliminary Business Case. Bundling of projects for submission and approval should also be allowed at Decision Gates two and three where timelines and resources allow. This is particularly important in terms of reducing potential workloads at Decision Gates 2 and 3 in the Public Spending Code project lifecycle. While a number of spending reviews examining capital grant schemes have been conducted, there is a lack of a readily accessible overview of all such schemes being operated by public bodies. In addition there is a lack of information on the different sectoral appraisal and evaluation methodologies used in the decision making processes for these schemes. In the absence of such information, it is difficult to ascertain if there is a need for additional central guidance in relation to capital grant schemes. It is recommended that further research be conducted and any further Spending Reviews examining Capital Grant Schemes also assess the appraisal and evaluation processes being used. 5 Rialtas na h ireann | Government of Ireland
