We think there are four types of initiative to deliver the CIP of which three can be described as projects:
Budget Clipping (BC) – Removal of excess or unrequired budgets by the Divisional Accountants with no project work to support whatsoever. This process is not a project as such but contributes to the CIP targets. Budget clipping only requires a project validation sheet completing to support evidence of delivery. The accountant however is validating that no corresponding overspends will be evidenced elsewhere.
Just Do It (JDI) – Simple projects that require little planning or management.
Typically projects that are worth less than £100k and will be completed within 45 days.
JDIs only require a project validation sheet completing.
Standard Improvement Projects (SIP) – Projects that are relatively straightforward but require planning and management. Typically SIP projects are worth up to £1.0M and take up to one full year. These require a set of paperwork completing.
Complex Projects (XIP) – Projects that require significant planning and management.
Typically projects that are worth more than £1.0M and run over 1 full year. These require a set of paperwork completing plus business case paperwork too.
Thanks to Ed Grimshaw