Using the Scenario and the information below, answer the following questions about the creation
of the short listed options for the Pittville project.
Spending Objectives
At least 15% increase in rate of participation
A 15% increase in attainment of qualification
At least 65 education courses
Critical Success Factors
Strategic fit and business needs - fit for purpose schools and universities attractive to 16-18-year-old
learners
Potential Value For Money
Supply side capacity and capability
Potential affordability
Potential achievability
Remember to select 2 answers to each question.
Scoping Solution 1: 'Current level of participation, 55 education courses and current qualificationsuccess rate'
Which 2 statements are correct about this entry in the Options Framework?
The Financial Appraisal for the new campus includes the cost of inflation over the life of the scheme.
Is this an appropriate application of the Five Case Model for the project?
The Financial Appraisal includes a sensitivity analysis of the new campus based on varying forecasts for
future demand.
Is this an appropriate application of the Five Case Model for the project?
Using the Scenario, answer the following questions about the Financial Appraisal of the option to build a new
campus onthe site of the Old Fire Station Headquarters.
Decide whether the action taken represents an appropriate application of the Five Case Model for this project
and select the response
that supports your decision.
The cost of inflation is estimated to be 2% per annum.
Should the project manager use this information when preparing the Financial Appraisal for this scheme?
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