This strategy should be established at the very early stages of a project, be as comprehensive as possible and cover all the major dimensions. Project Appraisal Project Appraisal is the discipline of calculating the viability of the project. A factor which provides the baseline for project appraisals throughout the life of the project is the investment appraisal. Project viability is usually defined in largely economic or financial terms. The project participants profitability Integration Integration is, in the opinion of most management professionals, the key distinguishing function of the project manager.
Integration involves bringing people and things together to perform effectively.
Integration is co-ordination and control 1.10 Systems and procedures Every project should have a set of systems and procedures detailing the standard methods, practices and processes for handling frequently occurring events within the project. These will cover management approvals, controls and technical requirements. Systems will also cover methods of handling information transfer, storage and retrieval. The completion of work once the project has been implemented. This is the phase at the end of the project life-cycle just before Operations begin.