Introduction

SPM Projects is a web-based application specifically designed to manage capital works planning:

• Supports asset planning functions over the life of an asset from concept to disposal
• Administers the decision stages relating to the implementation of capital projects.

The product provides a means of recording and managing project information to support the process of formulating works, operational, maintenance and services programmes. 

The product enables asset managers to:

• Maintain a clear overview of all their planned projects
• Make informed decisions with regard to the stages of their implementation
• Record stages in the decision-making process
• Assign notional budgets for each programme of projects
• Display budgetary projections by time period
• Identify the cost of achieving business objectives, including details on risk and control management
• Determine Development Contributions

SPM Projects records key information such as:

• Hierarchy of Sub-activity to Programme to Project and Components
• Project scope
• Project Costs and Funding
• Key Project justification points
• Data to enable Cost Allocation
• Data to allow funding calculations
• Matching of capital expenditure and funding
• Cash flow from this funding