Department of Treasury and Finance
IMS Edition 4
Change release update - Priority List
Greetings!

The Investment Management Unit is planning to release a new version of the Investment Management Standard in July 2010. This email contains the Priority List of potential changes.
Why did I get this email?
You are currently included as a participant in shaping edition 4 of the Investment Management Standard. You opted to participate and now have the opportunity to comment upon and suggest what changes might be made.
The Starting List
What follows is the list of problems and opportunities that were were presented as part of the change process approximately one month ago.
  1. Overall structure
  2. Improving the value of Investment Logic Maps
  3. Organisation Effectiveness
  4. Program Evaluation
  5. Options Analysis
  6. Benefits definition and tracking
If you have any further comments on any of the changes on the starting list follow this link and complete the elements of the questionnaire that relate to your interest.

The archive of the original email discussing the starting list can be found here.
The Priority List
The investment management unit, over the next month, will reposition and re-structure the Investment Management Standard by:
  1. positioning the standard to support further evolution without major redevelopment 
  2. enable access to the standard from a range of starting points
  3. introduce the new format for the ILM
  4. integrate Service Logic and Investment Prioritisation practice
  5. finalise the Organisation Investment Logic guidance
  6. standardise the language across the IMS and DTF practices
Once this is completed we will
  • develop a Program Evaluation guideline
  • develop an Options Analysis guidance for the Business Case Guidelines
What next?
You will receive a number of emails asking for your comment and feedback on the above topics as they are developed. We will be starting with the new format for the ILM which you will receive around June 8.
Can I comment further on the proposed changes?
If you have any comments on the priority list of updates please forward them to investmentmanagement@dtf.vic.gov.au

As specific changes are drafted you will be advised and invited to comment further.
Steps of the IMS edition 4 major release for 2010

Canvass possible changes (problems & opportunities)
  • Done
Prioritise changes for 2010 releases (problems & opportunities)
  • This email completes this task.
Explore and debate solutions to priority changes
  • Emails will be forwarded as part of this release over the next few weeks asking for comment, feedback, reviews and clarification.
Make major release
  • Planed for July 2010
Thank you for your ongoing support of the Investment Management Standard,

Terry, Greg, Eldar and Steve
DTF - Investment Management Unit
A Prosperous Future Banner
IMS - Contacts Terry Wright
03 9651 1182
terry.wright@dtf.vic.gov.au

Greg Gough
03 9651 1880
greg.gough@dtf.vic.gov.au

Eldar Salkovic
03 9651 5255
eldar.salkovic@dtf.vic.gov.au

Steve Huang
03 9651 2442
steve.huang@dtf.vic.gov.au
The investment management team is focused on further evolving simple and practical investment management practices and supporting their adoption across the Victorian Government.