Financial Management of Building Projects

Financial Management of building projects Process Overview Management of Building Projects introduction Need identified for building works Initiate Project feasibility study Project Proposal Manage Contracts, Requisitions and Invoices OUFAL Managed Projects Reporting Manage Claims (Capital Accounts) Complete Project Reconcile Project Key Financial Controls

This process has been written for departmental staff who are involved in building projects, and focuses on the financial aspects of the projects. The process supports the Guide to Capital Building Projects.

Financial Management of Building Projects takes you through the steps from initiating a project to closing a project.

The process and associated financial controls have been written in support of the Estates Regulations.

Version Control:
25 Feb 2010: References to 'Feasibility Steering Group' replaced by 'Project Sponsor Group' as per guidance from BESC.
22 Jan 2010: Process renamed to emphasise the financial focus. Initial stages of the process updated to align with Estates Directorate guidance.