Quantifying the benefits of healthcare infrastructure investment
conference contributionposted on 2012-04-16, 13:55 authored by Derek ThomsonDerek Thomson, Laura Pronk, Chaham Alalouch, Ammar P.F. Kaka
UK government seeks the use of Benefits Realisation Management Processes (BRMPs) to direct capital investments that are technically complex and must satisfy a diverse range of stakeholder needs. Although BRMP frameworks are available, methods to inform them with reliable quantifications of stakeholders’ judgements of benefits realisation are currently absent. The articulation of benefits in current practice is reviewed to establish the context of benefits realisation. Benefit-related healthcare policy is reviewed by desktop survey of government publications and NHSScotland business cases. A conceptual framework for benefits quantification which characterises benefits realisation using stakeholders’ judgements and perceptions of benefit worth is contributed. Translation of stakeholder judgements of benefit provision magnitude into indications of benefit worth by means of benefit functions is explored and related to BRMP operation. The use of utility functions to translate judgements of magnitude into representations of ‘worth’ is found to be an appropriate premise for benefit quantification.
- Architecture, Building and Civil Engineering
CitationTHOMSON, D.S. ... et al., 2010. Quantifying the benefits of healthcare infrastructure investment. IN: Proceedings of the 3rd Annual Conference of the Health and Care Infrastructure Research and Innovation Centre, HaCIRIC 10. Better Healthcare Through Better Infrastructure, 22nd-24th September 2010, Edinburgh, Scotland, pp. 57 - 74
PublisherThe Health and Care Infrastructure Research and Innovation Centre (HaCIRIC) © The authors
- AM (Accepted Manuscript)
NotesThis is a conference paper. The definitive version is freely available at: http://www.haciric.org/