IPA Annual Report outlines progress of major government projects and programmes

The Infrastructure and Projects Authority (IPA) has published its Annual Report, revealing the UK government is managing its largest and most ambitious portfolio of major projects to date, valued at £834 billion.

The report provides a snapshot from March 2024 and shows 227 major projects and programmes currently being delivered across government, spanning critical infrastructure, technology, energy and transport initiatives.

Over the past year, 53 projects have successfully completed and exited the Government Major Projects Portfolio (GMPP), many achieving ‘green’ delivery confidence ratings. The IPA’s enhanced early intervention strategy and expert support has undoubtedly contributed to the success and completed delivery of these ‘green’ rated projects. 

The report highlights the government’s increased focus on infrastructure as a key driver of economic growth, with continued investment in major projects aimed at improving public services and boosting productivity across both public and private sectors.

The growing capability of Government Project Delivery, supported by over 190 professional standards, guides and tools that enable senior project leaders to effectively manage complex programmes.

Top findings to note

This year’s GMPP comprises 227 projects with a total whole life cost (WLC) of £834 billion and £719 billion of monetised benefits that are delivered by 21 departments and their arm’s-length bodies.

At this year’s snapshot (end of March 2024), 25 projects were rated green (11% of the GMPP), 27 projects were assigned Red (12%), 163 projects (72%) were rated Amber and 12 were exempt (5%).

Note: This is based on information from a March 2024 report and reflects the position under the previous government.