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Value Management Framework - Execute

 

  • Execute
  • Execute and build project plan

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The EXECUTE phase helps you design, build, test and stage a solution for implementation.

This phase:

  • Typically consumes the most energy and resources.
  • Involves executing tasks and generating deliverables.
  • Reduces project risk and meets quality standards through discipline and rigor.
  • Produces quality deliverables while balancing time, cost, and scope.
  • Relies on consistent monitoring of scope, schedule, costs, quality, risks and issues, and overall project performance.

Throughout EXECUTE the sponsor, business/process owner and project manager ensure continued progress and remove barriers to implementation, particularly those related to code, rule, law, etc.

Once the EXECUTE phase is complete and you’ve deployed strategies for implementation, you can "go live" or launch your project and move on to the MONITOR & CONTROL phase.

Key Participants: Sponsor, Project Manager, Organizational Change Manager, Steering Team. Stakeholder(s), Technical Unit, Business Unit, and Process Owners, as well as Transition Support, Subject Matter Experts, Project Support Staff, Consultants and Solution Contractors (as needed).

Resources and Templates

EXECUTE and BUILD Steps:

  1. Review the Sponsor Checklist EXECUTE and BUILD.
  2. Review the Phase 3 EXECUTE and BUILD General Guidance to ensure familiarity with the process.
  3. Onboard Contractor Resources.
  4. Closely monitor the schedule and key milestones.
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  5. Monitor the project budget.
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  6. Monitor project deliverables and project quality using the Quality Management Plan.
  7. Continue to collect Lessons Learned.
  8. Apply Managing a Contract for Value guidance. See also Managing Change Requests.
  9. Review and update the Implementation Plan.
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  10. Develop the Test Plan.
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  11. Update the Training Plan.
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  12. Create the Solution Go-live Checklist.
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  13. Complete the OCM Go-live Checklist.
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  14. Conduct a transition to operations review.
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  15. Complete the Go/No Go decision point and document the decision.
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  16. Complete the EXECUTE and BUILD phase review.
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