Trust Board papers November 2012 - Barking Havering and ...

EXECUTIVE SUMMARY
TITLE:
COST IMPROVEMENT UPDATE
BOARD/GROUP/COMMITTEE:
TRUST BOARD
1. PURPOSE: REVIEWED BY (BOARD/COMMITTEE) and DATE:
TO UPDATE THE TRUST BOARD ON PROGRESS AND
CURRENT STATUS OF THE COST IMPROVEMENT
PROGRAMME – MONTH 6 (SEPT 2012)
□ TEC ……………..….. □ STRATEGY……….….…….
□ FINANCE ……..……… □ AUDIT ………….……..….
□ QUALITY & SAFETY …………..………….....……
□ WORKFORCE
□ CHARITABLE FUNDS ………………………………...…
X TRUST BOARD ……………………………….………….
□ REMUNERATION ………………………………….…...
□ OTHER …………………………..……. (please specify)
2. DECISION REQUIRED: CATEGORY:
TO NOTE PROGRESS, RISKS AND MITIGATIONS
□ NATIONAL TARGET □ CNST
□ CQC REGISTRATION □ HEALTH & SAFETY
□ ASSURANCE FRAMEWORK
X CQUIN/TARGET FROM COMMISSIONERS
□ CORPORATE OBJECTIVE ……………………………....
□ OTHER …………………….. (please specify)
3. FINANCIAL IMPLICATIONS/IMPACT ON CURRENT FORECAST:
AUTHOR/PRESENTER: Dorothy Hosein
DATE: 29/10/2012
The CIP position shows year to date delivery of £4.3m against a period target of £6.5m. This is a shortfall of £2.2m.
The forecast delivery is £17.7m of which £8.4m is considered to be at high risk, this is however and improvement on the
£6.2m of high risk schemes reported at Month 5 (August 2012)
4. DELIVERABLES
5. KEY PERFORMANCE INDICATORS
Cost Improvement Tracker
AGREED AT ______________________ MEETING
OR
REFERRED TO: __________________________
DATE: ____________________________
DATE: ____________________________
REVIEW DATE (if applicable) ___________________________