For each project, key information has been sought at the following four milestones (refer Figure B.2):
• Original approval for the project
• Approval of the final budget prior to going to contract
• The situation on signing of contracts
• The actual final project outcomes
The specific information sought at each milestone was:
• Estimated or actual project cost at the milestone
• The date
• The milestone
• Forecast or actual start of project
• Forecast or actual completion of capital component of the project
The interpretation and definition of each milestone is important and these are detailed in Table B.2.