Department for Work and Pensions
ecm_11487 - Reference Class Forecasting
This is a contract result notice, not an open opportunity. Details from the official award data.
This sits in the lower-middle of the IT Services band — a mid-scale opportunity. Based on 36,449 valued IT Services tenders in our corpus.
The creation of a Reference Class Forecast (RCF) by Oxford Global Projects (OGP) will provide the Synergy Programme with an outside view on the likely outcome of the programme, based on actual outcomes of similar projects.
An RCF is recommended by the Infrastructure and Projects Authority (IPA) and in Treasury's Greenbook as it can reduce bias and support the development of a realistic business case to underpin major investment decisions.
The proposed works consist of 2 work streams: 1.
The creation of program reference class based on past similar programs.
2.
The break-down of program and mapping of individual components.
What the notice asks for
The creation of a Reference Class Forecast
The creation of a Reference Class Forecast (RCF) by Oxford Global Projects (OGP) will provide the Synergy Programme with an outside view on the likely outcome of the programme, based on actual outcomes of similar projects.
An RCF is recommended by the Infrastructure
An RCF is recommended by the Infrastructure and Projects Authority (IPA) and in Treasury's Greenbook as it can reduce bias and support the development of a realistic business case to underpin major investment decisions.
Sentences from the notice that state an obligation, surfaced automatically and shown in the order they appear. Not an exhaustive list — always confirm against the tender documents.
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- OCID
- 358541a8-59a7-4f0a-8e98-bae3746126d5
- Stage
- contract · Contract
- Source
- Contracts Finder
- Buyer ref
- tender_392503/1269734
Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.
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