Abbott Project Management Playbook

Deliverables/Output/Next Steps

• Provide an overview of the feasibility study, a higher-level summary of the detail contained within the rest of the study, including design & technical evaluation summaries. • Provide recommendations that include a concept plan, location rationale, financial considerations and timeline required.

Useful links

Feasibility Study Template General Feasibility Study Template Detailed

•

•

• Engineering Standards Concierge – Tool to help identify applicable Engineering Standards for projects • IT Specific Templates (Business & Technology Services PMO Processes and Templates Library)

6.8 FEP C ONCEPT P HASE AND C APITAL P LAN G ATE 2

Definition: What is the Concept Phase and Capital Plan Gate?

The Concept Phase focuses on the project alternatives evaluation and selection, to address the desired business objectives. The Capital Plan Gate is in place to approve the project progress for incorporation into the Capital Plan and move to preliminary design.

Elements/Process/Details

Ask your team these gate review questions:

• Is the concept aligned with the Business Objectives? • Do we agree on one recommended alternative? • Does the project go into the Capital Plan?

40