Often representing the initial stage in the development of a project or programme, we work with clients to examine the potential viability of a project or programme from a general, technical and financial perspective.

We work with our clients to assess the potential value-for-money that may be delivered by a project or programme by assessing the anticipated economic costs and benefits that may be derived through the alternative use of resources. The assessment of options from an economic perspective is a key tool in satisfying public accountability requirements.

We support our clients to make informed investment decisions by assessing the strategic, economic, commercial, financial and management cases underpinning policy, programme and project proposals. We apply this ‘five-case’ assessment model at each of the three project proposal decision stages – the Strategic Outline Case (SOC), the Outline Business Case (OBC) and Full Business Case (FBC) stages.

By way of assessing the ongoing impact of their work, we work with our clients to ensure that appropriate information is being monitored and recorded across a project or programme’s ‘logic chain’ (including inputs, activities, outputs and outcomes).

Playing an important complementary role to appraisal, we work with our clients to examine the outturn of policies, programmes and projects, establish whether VFM has been achieved and ensure that the lessons learned are fed back into the decision-making process. Our Team has significant experience in undertaking both formative and summative policy, programme and project evaluations.

We undertake socio-economic analysis of the impact of policies, programmes and projects. As well as understanding economic effects - on economic growth, jobs and sector development - our analysis is increasingly focused on the wider social and community effects of interventions such as social inclusion and cohesion, access to services and skills etc.

We undertake holistic reviews of an organisation’s systems to ensure there is alignment between the governance practise and the strategic objectives of the organisation both at a macro and micro level.

By undertaking market and competitive analysis and developing operational, management and financial plans, LMK Advisory works with businesses to objectively assess and define their financial and operational goals, the methods on how these goals can be attained, and the timeframes within which these should be achieved.

We provide a range of other professional services tailored to the needs of our clients including strategy development, market research, economic modelling and forecasting, support in the development of funding and investment proposals, benchmarking research, socio-economic profiling etc.