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Ref 12CriticalStrategicCore change budget

Project Atrium — London premises, phase 2

Summary

Identify, secure and fit out new London premises ready for a move in 2030.

Score breakdown

Category score is the share of that category's criteria answered yes. Contribution is that score times the category weighting.

  • Areas of focus1/1×5%5.0
  • Clients2/3×10%6.7
  • Expansion & global footprint2/3×25%16.7
  • Increasing revenue & profitability1/2×25%12.5
  • People & culture2/2×10%10.0
  • Innovation & service delivery0/2×10%0.0
  • Operational infrastructure1/3×15%5.0
Weighted score55.8

Criteria

Areas of focus

  • Improves growth in the areas of focus: yes

Clients

  • Improves client satisfaction scores: no
  • Improves client retention rate: yes
  • Improves net promoter score: yes

Expansion & global footprint

  • Supports expansion of regional offices: yes
  • Supports expansion into new countries: no
  • Increases revenue from international markets: yes

Increasing revenue & profitability

  • Improves fee earner revenue: yes
  • Improves utilisation rate: no

People & culture

  • Improves employee engagement scores: yes
  • Improves staff retention: yes

Innovation & service delivery

  • Improves efficiency through adoption of legal technology: no
  • Improves processes through automation: no

Operational infrastructure

  • Reduces operational footprint through optimisation and automation: no
  • Allows for risk mitigation: yes
  • Aligns with the technology roadmap and future plans: no

Benefits

Potential reduction in annual occupancy costs; improved energy efficiency and lower operating costs; better staff retention and attraction. A modern, flexible and collaborative workspace; improved staff wellbeing and satisfaction; stronger brand identity and client perception; alignment with sustainability targets.

Resources required

Programme manager; workplace lead; IT lead; HR lead; finance lead; legal and commercial advisors; external consultants and vendors

Review note

Scores increased. Now aligned to areas of focus and sustainability, clients, geography, and mitigation of the operational risk from a lease increase.

Position

55.8

Weighted score out of 100

#6

of 28

Scores 50 or above: on the shortlist for a business case.

Facts

Sponsor
Alan Whitcombe — Chief Operating Officer
Sponsor identified
Yes
Cost band
>£500Kmidpoint £750k
Benefits
High tangible benefitsscore 3
Complexity
Highscore 3
Strategic alignment
60%
Schedule
Aug 2026 — Mar 202820 months
Delivery team
David Ashworth, Callum Reid