Each Stage is separated by a ‘Gate’ at which a formal review takes place to determine if the project is to progress, and what funding is to be provided. This is known as ‘Stage Gate Approval’.
The figure below provides a high level view of the Capital Projects Governance Process:
A number of mandatory processes are in place which each Capital Project must follow:
- Project Approval & Prioritisation process
- Stage Gate Approval process
- RAID Review Management process
- Change Requests
These processes support the management, monitoring and control of the project in order to maintain them within College-wide Capital Project Governance.