/ Assessment Framework
TEMPLATES AND CHECKLISTS
Template for Stage 2: Initiative Identification and Options Development (continued)

Assessment Framework

TEMPLATES AND CHECKLISTS

Template for Stage 2:Initiative Identification and Options Development

1.Overview

1.1Document control details

PROJECT NAME / PROPONENT
VERSION / DATE COMPLETED / DD/MM/YYYY
CHANGES FROM PREVIOUS VERSION

1.2Prepared by

NAME / JOB TITLE / ORGANISATION
CONTACT DETAILS / Phone / Mobile / Email
DATE / DD/MM/YYYY

1.3Approved by

NAME / JOB TITLE / ORGANISATION
CONTACT DETAILS / Phone / Mobile / Email
DATE / DD/MM/YYYY

2.Problem/opportunity description

2.1Initiative identification and options development process

Initiative longlisting and options development process

Describe the process used to develop a longlist of initiatives (e.g. options development workshop).

Stakeholder input

Describe the stakeholders involved in the longlisting process and their relevance to the problem/opportunity.

Longlist of initiatives identified

Please provide a summary list of the initiatives identified as per the example below:

■Adjust existing water levies

■Adjust existing water allocations

■Water pipeline from neighbouring region

■Upgrade to existing dam

■New dam development.

2.2Longlisted Initiative descriptions

INITIATIVE / Insert Initiative Name
Category / Description
Initiative type(s) / Regulatory reform
Governance reform
Better asset use reform
Capital investment
Initiative description / Provide a short description of the initiative
Initiative location
Key initiative dependencies (including complements and substitutes)
Estimated capital and operating expenditure
Funding / Please provide a breakdown of what components of the initiative are seeking Federal, State and/or non-government funding
Alignment with jurisdictional plans or strategies
Key risks or sensitivities
Supporting data / Provide supporting data, key measures and analysis relevant to the initiative,
(add and complete for each longlist initiative considered)

2.3Capital and non-capital solutions

Please describe how wide a range of capital and non-capital solutions have been considered (including regulatory reform, governance reform, better use reform and capital investment solutions).

Please provide justification where options are not considered for any of these reform categories.

2.4Initiative coordination

Describe how individual initiatives could be packaged together or better coordinated

3.Initiative shortlisting

3.1Initiative shortlisting process

Initiative shortlisting process

Describe the process used to refine the longlist of initiatives to a shortlist of options (e.g. rapid cost–benefit analysis, costeffectiveness analysis, multi-criteria analysis, etc.)

Stakeholder input

Describe the stakeholders involved in the shortlisting process.

Shortlist of options identified

Please provide a summary list of the shortlisted initiatives identified as per the example below:

■Adjust existing water allocations

■Upgrade to existing dam

■New dam development

3.2Shortlisted options descriptions

OPTION / Insert optionname
Category / Description
Option Status / This includes, but is not limited to, work completed such as:
■Planning studies
■Feasibility studies
■Preliminary business case
■Environmental assessment and/or gateway reviews/approvals
■Economic appraisal studies
■Gateway reviews
■Approvals
■Benefit realisation plan development
Next development steps / Describe the next activities planned to progress the option. This should include what activities are due to commence and when they are due to be completed.
Ability to address a nationally significant problem or opportunity / Please describe or provide evidence of the option’s ability to address a nationally significant problem or opportunity. This includes its:
Economic, social and environmental impact of the option / Please provide evidence as available:
■Monetisation of costs of a problem or value of an opportunity
■Quantification of impacts in terms of economic, social and environmental
■Qualitative discussion of impacts in terms of economic, social and environmental.
This should include any project externalities (positive and negative)
(add and complete for each shortlisted option considered)

4.Confidentiality

Confidentiality

Please identify if any of the information provided to Infrastructure Australia in this template is confidential. Please provide a brief explanation of the reasons for the request of confidentiality.

Information submitted confidentially will not be released or published by Infrastructure Australia without the written consent of the proponent.

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