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Guidance for completing a Surplus Improvement Fund proposal…
https://www.governance.cam.ac.uk/committees/PRC/SurplusImprovementFund/SIF%20guidance%20Oct%202023.pdf28 Sep 2023: The downside case should test the project economics under a plausible downside outcome. ... The downside risks should be combined in presentation of a ‘downside case’ to test the economic output of the proposal under a plausible downside outcome. -
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