2016 Report details for project: Queen Elizabeth Programme

Project name: Queen Elizabeth Programme - there are 7 reports for this project: 2013, 2014, 2015, 2016, 2017, 2018, 2019
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Organisation: MOD (D17) - see all reports for this organisation
Report year: 2016 (data is from Sept 2015)
Category: Military - see all reports for this category
Description: To deliver 2 Queen Elizabeth Class aircraft carriers.
DCA (RAG): Amber
DCA text: The Programme assessment was due to uncertainty over the ability to recover the backlog of outstanding work and to control costs. Granularity of Management Information (MI) on finances and schedule was a concern but the MI has been significantly developed. The last three Aircraft Carrier Alliance (ACA) Estimates at Completion have consistently suggested potential build cost overruns but the MOD continues to drive the ACA to the target cost. Since this Delivery Confidence Assessment, infrastructure preparations have made progress, with the replacement BT cable between the Isle of Wight and the mainland being laid, enabling the Portsmouth Harbour dredge project to start. In addition SDSR provided funding to man and operate HMS Prince of Wales.
Start date: 1998-12-01
End date: 2023-03-31
Schedule text: The Maritime Capability Trilas and Assessment (MCTA) team is tracking the ACA progress and we continue to challenge the ACA to deliver HMS Queen Elizabeth to the approved schedule. The programme remains on schedule to deliver an Initial Operating capability by the end of 2020.
Baseline: £712.93m
Forecast: £687.01m
Variance: None%
Variance text: Budget variance less than 5%.
Whole Life Cost: £7,289.68m
WLCost text: The Defence Infrastructure Organisation agreed to fund the risk of damage to the BT cables, increasing the overall budget available. Cost overrun remains a risk but this is to be held as Risk Outside Costing whilst the ACA continues to bear down on the build costs. Programme critical enhancements have been included in the Navy’s Annual Budget Cycle 2016.
Notes1: Budget variance less than 5%.
Notes2:
Sourcefile: IPA_2016.csv

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Acknowledgement: GMPP data has been re-used under the Open Government Licence.