Delivering value from government investment in major projects

Public Accounts Committee Closed Inquiry
Opened: 10 Jan 2024 Closed: 29 May 2024 Parliament page
Both the Committee and the National Audit Office (NAO) scrutinise how major projects are delivered, including inquiries on resetting of Government programmes and lessons from major projects and programmes . As part of this theme, the NAO’s report on delivering value from Government investment in major programmes looks at a … Read more
5 Recommendations
17 Conclusions
1 Report
1 Oral session
1 Letter
1 Event
Activity timeline 4 events
15 May
2024
Report published
15 Apr
2024
Correspondence
20 Mar
2024
Oral evidence
20 Mar
2024
Formal meeting (oral evidence session) · The Thatcher Room, Portcullis House
Oral evidence sessions 1 session
20 Mar 2024
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Delivering value from government investment in major projects
Conrad Smewing · HM Treasury Nick Smallwood · Infrastructure and Projects Authority
Title HC No. Published Items Response
Thirty-Second Report - Delivering value from government investme… HC 456 15 May 2024 22 Responded
Recommendations & Conclusions
2 results
Clear
4 Recommendation Accepted
Thirty-Second Report - Delivering …
Submit analysis of skills shortage risks to government's infrastructure project portfolio.
Government departments and the broader economy lack the necessary skills and capacity to deliver the government’s ambitious portfolio of major infrastructure projects. The UK’s projected spend on infrastructure projects over the next five years is very high—unprecedented, according to the … Read more
Government Response
The government agrees to the recommendation and will provide further detail to the Committee in December, aligning with a target implementation date of December 2025.
HM Treasury
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5 Recommendation Accepted
Thirty-Second Report - Delivering …
Outline plans to incentivise departments to populate IPA benchmarking hub with project data.
The IPA’s plans to improve the quality of government’s cost estimates of major projects have taken too long to implement. We have examined many projects Delivering value from government investment in major projects 7 where early cost estimates have proved … Read more
Government Response
The government agrees with the recommendation and will provide further detail to the Committee in December, consistent with the target implementation date.
HM Treasury
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Government Response AI assessment · 9 of 5 classified
Accepted 2
Not Addressed 7
Total 5 recs + 17 conclusions
Correspondence 1 letter
15 Apr 2024 Correspondence from Nick Smallwood, CEO at the Infrastructure and Projects Authority, Cabinet Office, re Follow up to the PAC hearing on delivering value from government investment in major projects (20/03/2024), dated 26 March 2024
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