Exploring the measurement of the value created by the planning system (planning value) to better inform decision making at a case, policy and authority level DISCOVERY

Project details:

Organisation Wycombe District Council
Department Planning and Sustainability
Collaboration Level Open To Conversation
Budget £50K > £100k
Key Contact Emily Hadley
Phase start 13 September 2019
Phase Estimated end 31 March 2020

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Description

Wycombe District Council are seeking interested Local Authorities to be partners on our Local Digital Fund application to explore the measurement of the value (the financial and non-market value) created by the planning system.


The purpose of planning is to ensure that the right development happens in the right place at the right time, benefitting communities, the economy and the environment. The benefits and value created through the planning process are critical to the UK’s growth, yet they are rarely measured. Without a monetised view of planning valuerelated decision making is far less informed than it could be, leading to missed opportunities on a case, policy and authority level. 

 

Several stakeholders stand to gain from the systematic measurement of planning value and non-market value (NMV) in particular: 

 

  • Applicants  applicants would have a clearer understanding of how the impacts and benefits of a proposal are weighed and balanced. This would inform their design process and future proposals. 
  • Officers – planning officers would have more evidence to discuss with applicants when suggesting design changes and mitigationThe full impact of their work would be recognised, improving their professional standing. 
  • Policy teams – policy teams would be able to measure the real-world effects of their policies and the value created by them. Over time, this would allow planning policies to become increasingly effective at achieving their aims. 
  • Local authorities  LAs would have more information on which to base resource and policy decisions. Regeneration strategies could be targeted and measured in terms of monetised planning value


This is a discovery project which looks to create a tool for the systematic measurement of planning value to better inform decision making at the case, policy, and authority level. We have already secured partnership with professional and academic institutions for this project, however we are seeking Local Authority partners for this exciting opportunity.


If you would like to be a partner on our application, please contact me by 5pm on Friday 13 September 2019.



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