How to approve the project
The initial approval of the future project is aimed at the approval of your intention to proceed with its development. By this stage you should have written the basis for future activities – relevance, goals and objectives, and a list of expected changes that will affect your organization, regular and potential customers. The result of the initial approval of the project will be provided to you the opportunity to pay a specified amount of time for its completion and to involve necessary specialists as needed.
The next time the project shall be submitted for approval after a detailed study, when spelled out all the sections, including a budget and its justification. Before this project needs to get approval from other employees or managers of its subsidiaries who will participate in its implementation. The draft, submitted for approval, should be specified realistically achievable results, a list of related activities aimed at their achievement, as well as clearly defined financial justification.
Often after this approval the project can be sent back for revision on rewatching some of its parameters. After when you edit the documentation of the project you will take into account all comments and recommendations you need to give everything for approval. And so until then, until the project is fully approved.
In the process of implementation of the project also do not have time to submit its documentation for approval. This is usually monthly and weekly plans of the experts involved in the project, and in addition accounting documents confirming expenses on the estimate.