According to GRIP Manual, Introduction to the Project Management manual, published by Network Rail in 2006, the term ‘major project’ refers to:
‘A bespoke project, programme or portfolio characterised by its complexity, level of investment and stakeholder involvement. Such a project is likely to have its own project control office established and have a dedicated project team under the direct control of a nominated person. ‘
The Major Projects Authority defined major projects (in the public sector) as projects that meet any of the following criteria:
- It requires HM Treasury approval.
- It could lead to a breach in departmental expenditure limits.
- It involves significant levels of unplanned spending.
- It could set an expensive precedent.
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