The best place to start is with the seven RIS questions.
Sketch out your answers to each question. Look for gaps in your arguments. Think carefully about what a decision maker needs to know to make an informed decision.
Have you defined the problem clearly?
Have you identified all of the viable policy options?
Is there a reliable way to measure regulatory impact?
Is your policy objective sufficiently clear?
Who are you going to consult and how?
When you have a rudimentary set of answers to the seven RIS questions, give a written summary to OBPR. This is known as the Preliminary Assessment. So long as you have provided enough information to help OBPR understand the nature of the policy issues you are dealing with, you will receive a response within 5 working days confirming whether or not a RIS is required and if so what type.
There are three types of RIS: Long Form, Standard Form and Short Form.
Which RIS is the most appropriate for the task is up to you in conjunction with OBPR. The table on the following pages explains the differences. You must undertake a regulatory costing (including offsets) regardless of which type of RIS you opt for.