Project approval items, project life cycle, project reports and metrics -
When a project is considered to be undertaken or not, the decision involves a business case, make or buy decision and analyzing the costs vs benefits. The things that need to get approved before a project is executed are: The work scope, drawings and specifications, the contracts between the buyer and sellers, at a minimum but in almost all cases more items will be needed. Project Life Cycle: The main stages of a project from initiation to completion are as follows: A) Initiation B) Planning C) Execution D) Monitoring & Controlling E) Closing During initiation stage the biggest item for a construction project is to produce the plans and specifications, […] Read More