Standard Operating Procedure
Personal Finance Project Team

Author/s: | Lucille Olivier | Document Ref: | SOP | Creation Date: | 13 September 2011 | Version: | 1.0 | Last Updated: | 13 September 2011 |

Table of Contents 1. Introduction 1.1 Introduction 1.2 Purpose 1.3 Project Framework 1.4 Project definition, prioritisation and approval 1.5 Project Process

2. Initiation Phase – The Needs Analysis Process
2.1 Initiating a Project
2.2 Stakeholder Analysis
2.3 Kick Off Meeting
2.4 Functional Specification
2.5 Initiation Phase Overview

3. Validation and Feasibility Phase
3.1 Technical Specification
3.2 Costing
3.3 Reporting Analysis
3.4 Pre Project Plan
3.5 Communication Plan 3.6 Risk Register

4. The Approval Phase * The business case * Motivational Documents

5. The Prioritisation Phase
5.1 The priority matrix
5.2 Resource Scheduling
5.3 The Prioritisation Phase Overview

6. The Execution Phase
6.1 Training plan
6.2 Operations plan
6.3 Communication plan
6.4 The Execution Phase Overview

7. Monitoring and Controlling Phase
7.1 The Monitoring and Controlling Phase Overview

8. The Closure Phase
8.1 Administrative Closure
8.2 Preparing project closeout and lessons learnt
8.3 Recognize and celebrate outstanding project work
8.4 The Closure Phase Overview

Introduction

* 1.1 Introduction

A Standard Operating Procedure (SOP) is a set of written instructions that document a routine or repetitive activity followed by an organization.
The development and use of SOP - Projects is an integral part of a successful quality system as it provides individuals with the information to perform a task appropriately, and facilitates consistency in the quality and integrity of a product, end-result and