This course runs from 9am – 4.30pm.
The ILM approach is increasingly used to justify investment decisions, based on evidence and proof that the real problems are being addressed, and that the benefits are real and measurable.
The Investment Logic Mapping (ILM) course provides an introduction to the ILM standard and how it relates to New Zealand Treasury’s Better Business Case (BBC) methodology. Attendees will gain an understanding of how an Investment Logic Map is assembled using critical thinking, and how it is used to inform the Strategic and Economic Cases that underpin a business case.
The course provides the opportunity to develop the case for investment for a problem nominated by the attendees using the ILM approach.
Learning objectives
The course is one day in duration, commencing with a description of and need for the ILM approach. It progresses through each of the problem, benefit, strategic intervention and solution phases of a typical ILM development. The latter part of the day is spent developing an indicative ILM response to a real-life problem or opportunity.
Intended audience
The course is aimed at participants from central and local government agencies and authorities who are most likely responsible for development or approval of business cases seeking investment funding.
ILM is also used to focus thinking around the development of an organisation’s strategic plan and Statement of Intent (SOI); the development of Long-Term Plans (LTP) and approaches to the New Zealand Transport Agency (NZTA) for transport network funding applications. Anyone working in these areas will benefit from a better understanding of the ILM process and its application at strategic, enterprise and initiative levels within their organisation.
