Search results for 'Commercial and financial management'

Showing 301 - 320 of 645 results

  1. Programmes to help families facing multiple challenges

    Report Value for money

    Published on:

    Two government programmes aiming to help families with multiple challenges, such as unemployment and anti-social behaviour, are starting to provide benefits but considerable challenges remain.

  2. Carrier Strike: The 2012 reversion decision

    Report Value for money

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    The MOD acted promptly to revert to the decision to buy the vertical take-off version of the Joint Strike Fighter but will have to manage significant risks.

  3. PaceSetter: HMRC’s programme to improve business operations

    Report Value for money

    Published on:

    PaceSetter has led to productivity improvements and may have contributed to greater staff engagement. However, the extent to which overall efficiency has improved is not clear; and some key principles of process improvement are not yet being applied strategically across the entire organisation.

  4. Procurement of the M25 private finance contract

    Report Value for money

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    The Highways Agency’s PFI contract to widen the M25 could have been better value for money. The slowness with which it was taken forward resulted in higher financing costs, and the Agency was slow to investigate a potentially cheaper alternative to widening.

  5. A short guide to structured cost reduction

    Overview Short guide

    Published on:

    This paper highlights key issues for public bodies to consider in facing the challenge of adopting a more structured approach to cost reduction.

  6. Financing PFI projects in the credit crisis and the Treasury’s response

    Report Value for money

    Published on:

    By setting up an Infrastructure Financing Unit, Treasury helped reactivate the lending market for private finance projects. While the costs for projects in 2009 represented value for money, Treasury should not presume that continuing the use of private finance at current rates will be value for money.

  7. The completion and sale of High Speed 1

    Report Value for money

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    The HS1 project has delivered a high performing line, which was subsequently sold in a well-managed way. But international passenger numbers are falling far short of forecasts and the project costs exceed the value of journey time saving benefits.

  8. Lessons from PFI and other projects

    Report Value for money

    Published on:

    Lessons from the large body of experience of using PFI can be applied to improve other forms of procurement. Government should also do more to act as an ‘intelligent customer’ in the procurement and management of projects.

  9. A framework for managing staff costs in a period of spending reduction

    Insight Good practice guides

    Published on:

    This paper sets out a framework for effective management of staff costs in a  challenging environment of cost reduction in public services. It builds on the high level principles set out in the NAO’s short guide to structured cost reduction.

  10. Maintaining the financial stability of UK banks: Update on the support schemes

    Report Value for money

    Published on:

    The scale of the support currently provided to UK banks has fallen from a peak of £955 billion to £512 billion, but the amount of cash currently borrowed by the Government to support banks has risen by £7 billion since December 2009. It is likely the taxpayer will be providing support for years to come.

  11. Performance of PFI Construction

    Report Value for money

    Published on:

    This report examines how PFI performs to contracted timetable and to price.

  12. Financial Management Maturity Model

    Insight Good practice guides

    Published on:

    Good financial management is at the core of good management in government. It supports decision making and the effective running of organisations.