Short form investment analysis report
(for asset projects at expenditure authority for project implementation)

For Asset projects < $1M
(refer to National Project Management System thresholds matrix) at Expenditure Authority for Project Implementation.

This template serves as a helpful tool for preparing the Short Form Investment Analysis Report (IAR). Refer to the Long form Investment Analysis Report for asset projects Expenditure Authority for more details.

  • Project name:
  • Date:
  • Building name:
  • Version number:
  • Location:
  • Project Number:
  • Building Identification:
  • Project Approval sought: $
  • Expenditure Authority sought: $

1.0 Project information

Refer to Short Form IAR at Project Approval (PA) and initial Expenditure Authority (EA) for Planning and Design, attached in appendix.

2.0 Project scope

[What has changed since PA]

3.0 Analysis of options

3.1 Options analyzed at Project Approval

This table is only an example and contains no data.
Option description Advantages Issues/Risks/Disadvantages Estimated cost at PA
Option 1: Scope     $
Option 2: Scope     $
Option 3: Scope     $
Option 4: Scope     $

3.2 Recommended option at Project Approval

3.3 Variance analysis

This table is only an example and contains no data.
Item PA EA Variance
Construction (including contingency) $ $ $
Consultant Fees $ $ $
Public Services and Procurement Canada Fees $ $ $
Risk allowance $ $ $
Sub-Total (excluding GST/HST) $ $ $
GST/HST $ $ $
TOTAL $ $ $

Justification/Conclusion of variance analysis:

3.4 Risk assessment

[Update with new table if different than PA or mention risks related to the project.]

4.0 Recommendation

Recommend implementation of Option X – [Cost (GST/HST), class estimate, timing and comments]

5.0 Approval authority & funding

[Identify delegated approval authority and source of funding]

5.1 Cost estimate and cash flow table

This table is only an example and contains no data.
  2015/2016 2016/2017 Total
Construction (including contingency) $ $ $
Consultant Fees $ $ $
Public Services and Procurement Canada (PSPC) Fees $ $ $
Risk allowance $ $ $
Sub-Total (excluding GST/HST) $ $ $
GST/HST $ $ $
Total $ $ $

6.0 Implementation plan

This table is only an example and contains no data.
Project milestones Date
Simplified Statement of Requirements  
Simplified Preliminary Project Plan  
Procurement of Consultant  
Simplified Project Management Plan  
Design  
Procurement of Contractor  
Simplified IAR – Expenditure Authority  
Construction  
Close Out  

7.0 Approval & signatures

This table is only an example and contains no data.
Action Date Signature
Presented by:
(Name/Position)
   
Reviewed by:
(Name/Position)
   
Recommended by:
(Name/Position)
   
Approved by:
(Name/Position)
   

8.0 Appendix

  • Short Form IAR at Project Approval (PA)