The Business Case Approach (BCA) is used to guide planning, investment and project development processes. The BCA is a structured process that integrates best practice decision-making, programme management and investment assurance tools. The approach is progressive, scaleable, transferable and principles based.
We developed the Land Transport Benefits Framework so we and our investment partners have a consistent way of measuring benefits across all projects and across time. Identifying the benefits of an investment is important to understand the contribution to outcomes for our communities. Benefits management is therefore vital to Waka Kotahi NZ Transport Agency's management and delivery of the National Land Transport Programme (NLTP).
The benefit measures and benefit and cost monetisation methods associated with projects are outlined in two separate Waka Kotahi manuals.
Monetised benefits and cost manual
Non-monetised benefits and costs manual