The second in a series of articles by Tim Bartlett on productivity, returned value, and cost.
The first article in this series discussed determining the potential value of a given project and then quantifying the impact of relevant issues that would affect the outcome and returned value of that project. Once these have been properly vetted, it is time to move to the budget approval stage. Because this is the final stage of the evaluation of any project, it must be properly completed and can include returning to previous stages in order to clarify or confirm various issues and their potential value.
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