BP = stop-or-go-ahead decision points:
BP0 = Decide to consider ideas, alternatives and concepts
BP1 = Decide project start-up and project planning (in management fora at the institutional and faculty level)
BP2 = Decide implementation / approval of the project plan
BP3 = Approval of deliveries and plan for the realisation of profits
BP4 = Approval of termination of project and transfer to the line
There are 4 different outcomes in a decision point:
- Go ahead / continue according to plan, no changes in the prerequisites.
- Go ahead, BUT under changed prerequisites. "Yes, but .....".
- WAIT for the decision base to improve.
- Cancel or terminate the project.
The size of the project determines how the project is initiated and processed along the way.
Small projects are ongoing improvement initiatives in the line. Examples include the review of a unit’s internal work processes or the use of new modules (of the limited kind) in a subject system. Small projects usually do not require significant project participation from other units; they can be initiated and followed up by the unit itself.
Medium and large projects are projects that will be part of the portfolio management process (do not apply to R&D projects and projects related to study reports and the like).