Question to the Ministry of Defence:
To ask the Secretary of State for Defence, what measures are in place to mitigate cost overruns in projects managed under the Integrated Procurement Model.
Good progress has been made on design and implementation of the key features of a reformed model, which are part of the wider defence reforms announced by the Defence Secretary in October.
To set programmes up for success from the outset, the Department is taking steps to provide expert advice on cost estimating much earlier in the project lifecycle.
This will help inform strategic balance of investment decisions, reduce optimism bias to improve future financial stability, and ultimately improve delivery and drive pace.