The investment life cycle and High Value High Risk (HVHR) Framework (life cycle guidelines) apply to all government departments in the state of Victoria and support the development of business cases for capital investments.
The life cycle guidelines provide practical assistance to those proposing investment projects in Victoria. They help shape proposals, inform investment decisions, monitor project delivery and track the benefits that projects achieve. They aim to provide practical guidance and tools that assist in the process of planning, proposing and delivering investments, in turn, promoting the best investment outcomes for the state.
View the framework