Governments are demanding more effective use of resources and delivery of desired outcomes, particularly when funding is constrained.  Transport professionals therefore need to be able to develop and present robust and compelling business cases for investment proposals.  

Rationale

The purpose of this course is to provide transport professionals with conceptual and applied aspects of developing transport investment proposals. The primary approach enables the development of skills and knowledge of leading practices across transport modes in the Australasian context. This course will enable professionals to gain knowledge and concepts; understand what it means by building on their experience; then apply these concepts to practical case scenarios.

Synopsis

This course will provide attendees with the opportunity to acquire or enhance the professional skills required for them to prepare business cases for investment proposals. The primary approach enables the development of skills and knowledge of leading practice in the Australasian context. This is a blended learning course with notes and reflection exercises, an intensive short course.

Objectives

On completion of this course, attendees will be able to:

  • Know and understand the context of transport problems and how to ensure proposed solutions are couched in terms of desired outcomes
  • Demonstrate understanding of current and emerging practices and key concepts in transport investment proposals
  • Apply required assessment frameworks and best practice business case processes to the delivery of a transport project proposal
  • Consider the different perspectives of partners and key stakeholders
  • Present transport project appraisals using practical and leading practice methods and tools 
  • Know where to obtain best practice guidelines.

This course will enable attendees to:

  • Develop professional capability and competence
  • Satisfy continuing professional development requirements
  • Apply for credit towards a graduate qualification
  • Enhance career opportunities by building key skills and knowledge.

Topics

  1. Context: establish the context to plan and guide the appraisal, identify
    emerging trends and challenges, service need and base case
  2. Results Focus: develop a focus on results to achieve desired transport
    outcomes, and outline the strategic case
  3. Stakeholders: involve partners to achieve desired outcomes, using
    influence and negotiation, governance and market sounding
  4. Resourcing: develop and assess options, identify preferred option
    using a multi-criteria approach, identify costs, benefits and risks, economic case, non-quantifiable impacts, optimism bias and financial case
  5. Communication: employ effective means to present the case for
    investment to stakeholders and decision-makers
  6. Monitor: manage the appraisal process and identify the approach
    to realise intended benefits
  7. Learning: identify lessons from previous cases and best practice resources.

How is the course provided?

This is a blended learning course, which involves pre-work notes and reflection exercises – prior to attending an intensive one-day short course – with presentations, discussions, and group exercises. Learningmeans gaining knowledgeunderstandingwhat that means for professionals, then applyingthese concepts in practical situations.

Why should professionals do this course?

This course will provide attendees with the opportunity to acquire or enhance the professional skills required to prepare business cases for investment by being able to:

  • understand the context of transport problems and how to ensure proposed solutions are couched in terms of desired outcomes
  • demonstrate an understanding of current and emerging practices and key concepts in transport investment proposals
  • apply the required assessment frameworks and best practice business case processes to the delivery of a transport project proposal
  • consider different perspectives of partners and key stakeholders
  • presenttransport project appraisals using practical and leading practice methods and tools 
  • engagein practical exercises translating concepts into practice
  • knowingwhere to obtain best practice guidelines.

This course will help professionals to:

  • develop professional capability and competence
  • satisfy professional development requirements
  • increase productivity –in terms of return on time invested
  • enhance career opportunities by building key skills and knowledge

Who presents this course?

Phil Charles has extensive experience in transport covering the public, private and academic sectors. He challenges different perspectives, uses best practice, applies policy directions, ensures practicality and acceptability, looks for innovative concepts and value for money. He is the founder of the Transport Futures Institute and was Professor of Transport at the University of Queensland for twenty years.

See Phil’s LinkedIn profile  


For more information email courses@transportfutures.institute or send a message below