Use of evaluation and financial modelling in Government

Public Accounts Committee Closed Inquiry
Opened: 12 Jan 2022 Closed: 2 Sep 2022 Parliament page
Government relies on hundreds – possibly thousands – of models for a huge variety of critical activities, from forecasting spending plans to guiding operational decision making, and increasingly relies on these models as more data is available and there is an increased emphasis on evidence-driven decision-making. When it comes to … Read more
7 Recommendations
12 Conclusions
1 Report
1 Oral session
1 Event
Oral evidence sessions 1 session
Use of evaluation in Government/Financial Modelling
Catherine Hutchinson · HM Treasury and the Cabinet Office Cat Little · Cabinet Office Professor Sir Ian Diamond · UK Statistics Authority Sir Tom Scholar · HM Treasury
Recommendations & Conclusions
4 results
1 Conclusion Acknowledged
Fourth Report - Use of evaluation …
On the basis of two reports by the Comptroller and Auditor General, we took evidence...
On the basis of two reports by the Comptroller and Auditor General, we took evidence from HM Treasury, the Finance Function, the Analysis Function and the Evaluation Task Force about the use of evaluation and modelling across government.1 Cabinet Office … Read more
Government Response
The Evaluation Task Force (ETF) was established in 2021 as a joint HM Treasury and Cabinet Office unit. The ETF will also publish its strategy which will explain how it is working to improve the evaluation system in greater detail, including indicators to measure progress.
HM Treasury
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7 Conclusion Acknowledged
Fourth Report - Use of evaluation …
HM Treasury has used the last two spending reviews to increase the emphasis on evaluation...
HM Treasury has used the last two spending reviews to increase the emphasis on evaluation in departments, but acknowledges it has a lot more to do to address the persistent problems which prevent the provision and use of evaluation.17 Working … Read more
Government Response
The Evaluation Task Force is working with HM Treasury to ensure that departments respond to and deliver on their settlement conditions relating to evaluation, captured in a central tracking system and monitored by senior officials; approval for future funding can be withheld if departments don't meet their conditions of settlement.
HM Treasury
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10 Conclusion Acknowledged
Fourth Report - Use of evaluation …
While HM Treasury is an important user of department’s models, it does not comprehensively scrutinise...
While HM Treasury is an important user of department’s models, it does not comprehensively scrutinise and challenge a department’s quality assurance arrangements for the models it uses. There is no requirement for the Aqua Book to be followed as part … Read more
Government Response
The Government Analysis Function is piloting an assessment framework to monitor departments' implementation of the Analysis Functional Standard; the ONS is considering the future scope of the Analysis Function; HM Treasury will ensure staff who use outputs from other departments are able to confidently assure quality.
HM Treasury
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13 Conclusion Acknowledged
Fourth Report - Use of evaluation …
When producing and using models, poor data can lead to additional time and increased difficulty...
When producing and using models, poor data can lead to additional time and increased difficulty when quality assuring the model inputs. This difficulty is compounded by a lack of data standards across government which means there are inconsistent ways of … Read more
Government Response
The Cabinet Office will address barriers to data sharing and use through the national data strategy, with complete delivery by April 2025 and an interim progress report by December 2023; the CDDO has published the Data Sharing Governance Framework and is establishing the Data Sharing Playbook.
HM Treasury
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Government Response AI assessment · 19 of 7 classified

Total 7 recs + 12 conclusions