TPG24-29 NSW Government Business Case Guidelines
Well-prepared business cases support responsible financial management by ensuring that government has the information and advice required to make informed resource allocation decisions. They establish whether a proposal is expected to improve the welfare of the community, whether it’s the best option for meeting the objectives, the expected cost, whether it can be delivered efficiently and effectively, whether the associated risks can be managed, and the basis against which success can be measured.
Issued: 29 November 2024 by Treasury
Key information
- Status
- Active
- Type
- NSW Treasury Policy and Guidelines Paper
- Identifier
- TPG24-29
- Compliance
- Mandatory
Who needs to know and/or comply with this?
- Departments
- Executive agencies related to Departments
- General Government Sector
- Public Financial Corporation
- Public Non-financial Corporation
- Separate agencies
- State Owned Corporations
- Subsidiaries of the NSW Government established under the Corporations Act
- ‘GSF Agencies’ as defined under the Government Sector Finance Act 2018
About
Well-prepared business cases support responsible financial management by ensuring that government has the information and advice required to make informed resource allocation decisions. They establish whether a proposal is expected to improve the welfare of the community, whether it’s the best option for meeting the objectives, the expected cost, whether it can be delivered efficiently and effectively, whether the associated risks can be managed, and the basis against which success can be measured.
These guidelines bring together best practice, expert advice, insights from other jurisdictions and a practical approach to guide business case development. They establish when a business case is mandatory and what it should contain, scaled according to proposal cost and risk.
For more information on business cases, templates and other resources please visit the NSW Government Business Case Guidelines page.
Business cases are documents prepared to support government funding decisions. They help decision makers allocate scarce resources by establishing why a proposal is needed, if it will be beneficial, if the risks can be managed, and if it can be delivered.
The NSW Government Business Case Guidelines (TPG24-29) are part of the NSW Government Investment Framework that sets the standards for evidence-based policy and budget setting in NSW. They establish best practice and provide a consistent and scalable approach to preparing business cases.
Business cases are mandatory for recurrent, capital and digital proposals above defined cost and risk thresholds. They should not be treated as a box-ticking exercise and should not include investigations or analysis beyond what is needed to inform an investment decision.
The updated guidelines make it easier to develop business cases. Check the summary of key changes for an overview of what’s new. The Business Guidelines on a page gives a summary of the guidelines.
You can use the Business Case Requirement tool to find out if you need a business case and what type you need.