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).