• Selection

  • Decision levels of selection

  • Objectives of selection

  • Criteria for selection of projects

  • Obtaining reliable information

  • The sanctioning of projects

  • A project sanctioning procedure

  • Sanctioning procedure in manufacturing industry

  • Initial screening of projects

  • Final commitment

  • The sanctioning procedure and project control

  • Sanctioning documents

  • Summary

  • Appendix 2.1. Capital investment appraisal methods for evaluation of proposed projects

  • Appendix 2.2. Forms specifying information required for project sanction

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