Benefit management framework

Endorsed in October 2021 the Benefit Management Framework (BMF) enables the achievement of integrated, outcome-focused and user-centred transport investments

This BMF is structured around the approach to investment management promoted by the Department of Treasury and Finance across the Victorian Government and detailed in its Investment Lifecycle and High Value High Risk Guidelines(opens in a new window), and through the Victorian Government’s outcomes reform policy.

The Department of Transport and Planning's BMF provides a consistent approach to identifying, monitoring, and evaluating the success of investments across the Victorian transport portfolio and a clear line of sight from transport investments to user and community outcomes.

The BMF will also help the delivery agencies to ensure that the investments under their management deliver the benefits promised in the original investment proposals.

2021-Transport-Benefit-Management-Framework
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Updated