Practical sheet | REF: FIC1673 V1

Evaluate the resources needed for the project: people, budget, time

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Publication date: August 10, 2019 | Lire en français

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2. Adding value to the project, estimate and allocated budget

2.1 Non-financial enhancement of your project

In the launch phase, technical hypotheses must be validated and shared by all. A technical solution is envisaged, with a schedule validated by the project customer, whether internal or external. A contract is being drawn up, with binding financial clauses. Within your organization, a certain number of provisions for contingencies are made, as well as managerial reserves.

At this stage, structural choices are made concerning the expected outcome of the project and the way in which it will be carried out. If, for example, the object is to be mass-produced, the industrialization method is decided, and the options of subcontracting or in-house production (Make or Buy) are decided. The conditions are now ripe for drawing...

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Adding value to the project, estimate and allocated budget