Evaluating Investment Outcomes

VicRoads is committed to the delivery of outcomes that are important to the community. This involves making right investments at the right time for the right outcomes.

Image showing the investment lifecycleAs an outcome driven organisation, VicRoads has adopted an Investment Management Approach (IMA), which is a holistic approach to how VicRoads plans, delivers and learns from the investments it makes on behalf of the community. 

VicRoads has worked collaboratively with Victorian and national stakeholders to develop best practice frameworks, tools and processes to help embed this approach across the organisation.

VicRoads Benefit Management Framework (BMF) [PDF 699Kb] provides a line of sight from investment level indicators to benefits that VicRoads aims to achieve and the government level outcomes, providing a consistent approach to identifying, monitoring and evaluating the success of investments across VicRoads.

VicRoads Investment Evaluation Framework (IEF) [PDF 3.38Mb] provides a one-stop-shop for principles, policy positions and guidance for undertaking post completion evaluation of projects and programs in VicRoads. The Framework aims to provide a consistent approach to planning, undertaking and delivering post completion evaluations whilst capturing any lessons learnt from the planning and delivery process.

Evaluation Findings 

Through the Investment Evaluation Framework VicRoads is taking a proactive approach to transparency about our performance by publishing project and program evaluation findings. Evaluation findings will be published here as they become available.

Clyde Road Duplication - Project Evaluation Findings [PDF 534Kb]

Clyde Road Duplication - Project Evaluation Findings [DOCX 4957Kb]

Nhill Trailer Exchange, Western Highway, Nhill - Project Evaluation Findings November 2015 [PDF 167Kb]


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