Project Formulation

What is the difference between Alternative Procedures and Standard Projects?

Key differences between AlternativeProcedures Projects and Standard Projects: ​

  1. Alternative Procedures Project:some text
       
    • Fixed-cost project with use of excess funds. ​
    •  
    • May use funds across all Alternative Procedure      Permanent Work Projects. ​
    •  
    • Approval only required for specific changes      involving buildings or structures aged 45 years or older, ground      disturbing activities, or work in or near water. ​
    •  
    • Do not need to track costs associated with      changes to the Scope of Work (SOW) specifically. ​
    •  
    • Do not need to track work to specific Alternative      Procedures Projects, only need to show work is related to the approved      SOW across projects. ​
  2.  
  3. Standard Project:some text
       
    • Actual cost project with no retention of excess      funds associated with the approved estimate. ​
    •  
    • Can only use funds toward the specific work      identified in each project. ​
    •  
    • Approval required for any change to the SOW. ​
    •  
    • Must track costs associated with all changes to      the SOW. ​
    •  
    • Must track costs specific to each work item      within each individual project. ​

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Project Formulation

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