Abbott Project Management Playbook

• Lessons learned: how will these be reviewed, captured, and acted upon during the project (at a level appropriate to project complexity, impact, and duration). In addition, how will team members review prior projects to learn what went well, what didn’t go well and what were key success factors from those projects that need to be included in the current project. • Success factors: clear definition on how the success of the project will be assessed – critical element for project execution team • Change management: how change on the project will be managed • Structure for resolving issues: discussion on how any conflict issues on the project will be resolved and if necessary escalated • Project expectations and next steps: wrap up and summary of next steps

Deliverables/Output/Next Steps: • Kick-off presentation, meeting minutes • Description of next steps Useful Links: • Lessons Learned Repository • RACI Example-Template • RACI Templates

6 P ROJECT P LANNING

6.1 P ROJECT P LANNING O PTIONS There are multiple approaches to planning projects at Abbott. Processes and templates have been defined for: • Front End Planning (FEP) – typically used for Engineering and Facilities projects • Phase 0 – typically used for larger and/or complex Information Technology (IT) projects • RAPID – typically used for less complex IT projects 6.2 F RONT E ND P LANNING (FEP) Front End Planning (FEP) is the systematic and disciplined approach to the early definition of a project’s business and technical requirements. It is the process used to develop sufficient strategic information for a project which addresses risks and assists in quantifying and committing appropriate levels of resources to maximize the possibility of a successful project. Abbott’s project lifecycle management is consistent with industry. The focus is a structured process & tools for large capital projects (i.e., > $2.5 MM Capital or > $5.0 MM FUI (Facilities, Utilities, Infrastructure)). See section 5.2 to learn more about FEP Elements / Process / Details.

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