Negotiations with sponsors and 3 Funding from external stakeholders investors is needed to conduct the project. Finalise and approve budget 1 This is done to ensure that the budget is sufficient for the prosed scope of work. Risk identification 3 Risk evaluated to determine their impact on the project’s success. Risk prevention plan 1 An effective means of dealing with the risk is required if they do occur. Follow up with Executive Team 1 This ensures objectives are being monitored during the project’s progression. Contract agreement with 0 Milestone Contractors Approval of Plan 1 The plan should be agreed upon by relevant management members before the project can proceed. Annual mechanical maintenance 10 A regulatory requirement to inspect and maintain the mechanical integrity of the equipment. Evaluate design and 4 Ensures that all designs are approved constructability and inspected before construction can occur. Approve work flow drawings and 2 Regulatory requirement. documentation Pre-construction Phase 4 Task performed to gather the material (and equipment) to commence construction. Get quote for purchases 1 Accounting purposes and to ensure the prices will be within the budget. Purchase material and equipment 1 Construction can commence. Notice to proceed 2 To alert the construction team that all measures are in place for the commencement of building. Project Close out 6 Preparation of project end.
Project presentation 1 Discussing whether the project
objectives were met or not to management. Final report and sign-off 1 Final record of project for book- keeping purposes. Auditing and objectives review 3 Verifying the project objectives and audit as per required by law. Building occupation certificates 1 Regulatory requirement. and environmental permission Office site functional 0 Milestone