Pod V3 SPAD Risk Management Support Tool The GRIP lifecycle stages Investment projects are managed in discrete stages ‘The iavestment stages within the Ifecydle reflect the significant business and technical milestones in the projects development and delivery, ‘There are eight stages in the lifecycle Establishes the scope ofthe investment in terms of the ‘neremental stark capability required by the investmert’s “cher”. This described interns such as Jour time, capacity, loading gauge ate. It may aso ice the af seat renewal Ensures that seeat condition, safety or tance ceqjirernents are denied and laded in the scope of ‘he investment. Ensures that investments aligned with organisational strategy anc contributes to targets |lontifies the constants on the network: that prevent the delivery ofthe clan's outputs and defines the incremental ‘capabilty that must be delivered by the investment. Provides confriation that the cuzputs can be economicily llivered by addressing the identiedl constrains Develops options fr adchecing the Wentiied constraints and delvering the required incremental network capabity Assesses the options and selects the most appropriate ore, ‘together with confirmation that the curpurs can be economically dlverad, Davelop the calactad angle option to the point oF engineering scone freeze and in sufcient detallto alow finalisation of the business case ard acheduling of Produces a complete and rabust engineering design that allows risks, costs, timescales, ascurees and benefisto be fly understood priarto commitment ta erplerrent. Daler the ant change renewal the appropriate [eee ICOM specication and provides confirmation that the asset anc Parente eg system werk in accordance with their design and that they dleliver the incremental network capabli Transfers asset resporsioility from the project contractor back to the operator encimaintenter and brings the asset into benafeil use, Ensures tat the project is dosed out in an order manner vith upcated asset managernent information, capitalised asses, sete contactual accounts and any contingencies snd vravanties are putin place Lagging up and other ‘nding arrangements findized and sumed business Back to the top | Back to GRIP introclose window