3.4  Treatment of projects and programs

New capital projects must be registered under the IIAF as either a project or a program. After a project or program is risk-profiled and assigned a Project Tier it is required to comply with the assurance and reporting requirements outlined in Section 3.3 according to its Project Tier. Definitions of, and how various projects and programs may be comprised and operate in practice are detailed at Attachment H.

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