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Unit 5: Project Approach
Notes
Other items referring to the capital costs should be additional to the Technical Plan, such as a
listing of capital equipment, a timing chart to show cash flow and, if the project relates to a
manufactured item, process flow diagrams such as below. This use my theory that if you can’t
put it on paper than there is little chance of being able to put the process together in actuality.
It is also valuable including initial product costing, product specifications and any other
information that will clarify the profitability of the project.
If the suggested technical information is incorporated then the plan becomes a more valuable
document containing the information needed to complete the project.
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