-
Project Management: Da Vinci’s Requirements
May 25, 2013
-
3 Smart Leadership Secrets To Increase Employee Engagement
May 24, 2013
-
Project Management on the Far Side of Complexity
May 24, 2013
-
How-to Guide: Change in Project Management
May 23, 2013
-
How Much Project Management Is needed in a Federated Organization?
May 23, 2013
-
Become a Proactive Project Manager
May 22, 2013
-
Project Management - Communicating Successfully
May 22, 2013
-
Talk Like a Project Manager
May 21, 2013
-
How to Project Manage a Pyramid
May 21, 2013
-
The Art of Project Management: Scale
May 20, 2013
Release of Funding for Projects
August 23, 2008 | Author: PM Hut | Filed under: Project Management Framework
Release of Funding for Projects
By Michele Berrie, Queensland University of Technology
The Project Proposal lays out the elements of a project for consideration for approval by a governing authority. Approval usually means that funds are reserved. Circumstances under which reserved funds are released into a project account:
- Partial release for engagement of a project manager to prepare a Project Plan after Project Proposal approval
- Approval to prepare a Feasibility Study (using the Project Proposal template)
- Approval to prepare Project Specifications (using the Project Proposal template)
- Approval of a streamlined Project Proposal that is treated as a Project Plan for small projects
- An approved Project Plan from the Planning Phase
The above process can accommodate almost all types of projects (it can be slightly modified for the rest).
Queensland University of Technology (QUT) is a highly successful Australian university with an applied emphasis in courses and research. Based in the city of Brisbane with a global outlook, it has 40,000 students, including 6000 from overseas, (QUT Statistics) and an annual budget of more than AU$500 million. Courses are in high demand and its graduate employment rate is well above the national average for Australian universities.
Related Articles
No comments yet.
feel free to leave a comment
Comment Guidelines: Basic XHTML is allowed (a href, strong, em, code). All line breaks and paragraphs are automatically generated. Off-topic or inappropriate comments will be edited or deleted. Email addresses will never be published. Keep it PG-13 people!
XHTML: You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>
All fields marked with " * " are required.
- Agile Project Management
- Ask the Hut
- Certification
- Change Management
- Communications Management
- Computer Based Information Systems
- Concepts
- Corporate Transformation
- Cost Management
- Critical Chain Project Management
- Delegation
- History
- HR Management
- Implementing Project Management
- Integration Management
- Lessons Learned
- Management
- Miscellaneous
- People Issues
- PMBOK
- PRINCE2
- Procurement Management
- Program Management
- Project Lifecycle Phases
- Project Management Advantages
- Project Management Advantages
- Project Management as a Career
- Project Management Best Practices
- Project Management Charts
- Project Management Definitions
- Project Management Ethics
- Project Management for Beginners
- Project Management Guides
- Project Management Musings
- Project Management Office
- Project Management Proposals
- Project Management Templates
- Project Portfolio Management
- Project Workforce Management
- Quality Management
- Requirements Management
- Risk Management
- Scheduling
- Scope Management
- SCRUM
- Soft Management
- Time Management
- Training
- Uncategorized