Process Diagram
-
Proposal & Initiation
- Project Definition
- Scope and Business Objectives
- Ascertain and evaluate Business Benefits
- Investment Approval
- Initial estimates to + - 30%
- Go/No Go Decision
-
Design & Appraisal
- Consider potential solutions for delivery
- Business Benefits
- Planning and Resourcing
- Cost plan to + - 10%
- Agree baselines
- Sustain investment
-
Execution & Control
- Produced detailed design
- Produce detailed delivery plan
- Communicate plan and assign work
- Cost plan to + - 5%
- Monitor progress
- Control and recovery
-
Finalisation & Close-out
- Completion of work
- Use of product
- Handover of documentation
- Achievement of benefit
- Disband delivery team
- Audit and review
