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Project managers spend months preparing the plan for the one big project their team plans to undertake. After all that nerve-wracking effort, the nerves are in for shake-up as the wait for project approval beckons. The wait is harder to take, especially as they do not have visibility into the opinion of management, clients, and other stakeholders.
To rest your overwrought nerves and ensure some rest for yourself, and the entire team, a streamlined Project Plan Approval Template gets your projects signed off faster and hassle-free.
During the approval process of the project, decision-makers ensure that projects, invoices, budgets, and other processes are on par with the quality standards and requirements that the organization establishes. These processes impact the organization’s financial status and stability.
A sound project plan approval strategy must apply consistent, value-based approval criteria and automated routing for project requests. A well-defined project plan approval process mitigates risks, enables better decision-making, and increases accountability. To save you time and effort, our SlideTeam experts have created Project Approval Templates. These will help you analyze funding, budgeting, prioritization, and implementation plans to ensure your projects get approved. Our templates are content-ready, to give you a structure to get started and build on your ideas. The 100% customizable nature of the templates provides you with the desired flexibility to edit your presentations.
Let’s explore the templates!
Template 1: Project Approval PowerPoint Template
This template is a step-by-step guide to building a project plan, it includes approval processes with sponsor engagements, budgets, etc. The PPT Template has a six-step project approval plan starting with Proposal Submission, Cost Estimation, Project Prioritization, Funding Evaluation, Approval/Rejection, and Resubmission. The Management Dashboard will enable you to keep track of multiple projects and maintain a count of the approved projects, team projects, departmental projects, and projects at risk. Use the Approval Checklist provided in the PPT Template to ensure that tasks are completed before the final review. Download Now!
Template 2: Office Timeline Showing Project Approval Training Day PPT Template
This PPT Template enables you to plan your post-approval strategy and activities. The timeline has a monthly plan that includes milestones like assigning project managers, the first checkpoint, training day, manufacturer certification, the second checkpoint, and signing off. The Gantt Chart will help you assign tasks and keep track of the progress. With the color-coded task bars, you can indicate the priority of each activity. Download Now!
Template 3: IT Project Approval with Scope and Status PPT Template
Use this PPT Template to tabulate the project plan, estimated costs, estimated completion date, and summary of project scope. You can plan and budget up to seven projects with the table provided. The scope of the projects includes using forecasted costs and timelines, depending on the state analysis, beginning the procurement process, and estimating costs and timelines based on the software and supplier analysis. Download Now!
Template 4: Team Project Proposal Approval Workflow PPT Template
A Project Plan goes through three broad phases i.e., creating a proposal, reviewing the proposal, and based on that forming an approval decision. The PPT Template has a well-structured plan, specifying the steps in each phase and taking into consideration the teams involved in the process. Raising a research request initiates the process, based on which a proposal is designed. This is followed up by the project initiator, administration, or any other cross-functional member involved in the project with reviewing the project. The approval stage can have three outcomes; approved, deferred, or canceled. To build your Proposal Approval Plan Download Now!
Template 5: Project Intake Optimization and Approval Process PPT Template
With this PPT Template, you can assess the current state of the processes being undertaken, optimize it, and communicate the changes to all stakeholders. The PPT Layout has well-researched recommendations of the best tools to be used in each phase of the project. The guided implementations provide an outline of the process, which includes discussing the results of the current state, followed by establishing an intake of workflow, defining a prioritization framework, and developing a stakeholder management plan for implementation. Use the phase outcome boxes to record the results of each phase. Download Now!
Template 6: Project Plan and Scope Approval Checklist PPT Template
The PPT Template consists of six items related to financial and operational capacity, methodology, action plan, resourcing, risks, and sustainability. These items are divided into tasks. In the table provided, you can record the status of each of these tasks and make note of any changes, delays, or discrepancies in the tasks. Download Now!
Template 7: IT Project Approval Lifecycle Process PPT Template
Using this slide, you can manage each stage of your IT project plan. It includes four stages: Business Analysis, Alternate Analysis, Procurement Analysis, Bid Analysis, and Finalization of project details. The template is uniquely color-coded. The red circle indicates rejection, the yellow circle indicates rethinking, and the green circle indicates approval of the stage. For a detailed approval process Download Now!
Template 8: Project Approval Process Flow With Funding Scenarios PPT Template
This PPT Layout is a comprehensive tool designed to streamline the complex process of project approval and funding allocation. It covers schedule and baseline establishment, cost estimation, proposal submission, and the critical stages of project initiation and analysis. It provides a structured approach to evaluating funding alternatives, including detailed resource allocation and budget prioritization. The slide also addresses rejection criteria and the potential outcomes of project approval or rejection. With this template, teams can present and assess project proposals, ensuring a well-informed decision-making process and optimal resource allocation. Download now!
Template 9: Business Project Approval and Management Dashboard PPT Template
The PPT Template, a business management dashboard, will enable you to keep track of multiple projects. You can tabulate information like the project name, project type, department, description, beginning date, date of completion, and budget. The project can be classified into small, medium, and large project types. With this PPT Slide, track approved projects, team projects, departmental projects, and projects at risk. Download Now!
Template 10: Project Communication Plan Approval Process PPT Template
This PPT Design provides a structured flowchart for project managers and teams to follow, ensuring efficient project communication and decision-making. It has defined phases, including budget proposal, project selection, funding assessment, project prioritization, and team approval. Whether you're analyzing past projects, seeking funding opportunities, or crafting a project plan, this template serves as a guide to facilitate communication and collaboration within your organization. Get it today!
GET YOUR PROJECTS APPROVED
To get your projects signed off faster and hassle-free, ensure that they are well-structured. Carefully analyze the funding, budgeting, prioritization, and implementation plans. Use flowcharts, dashboards, and checklists to ensure you don’t leave out any steps of the project. You can focus on the core content of the project and ensure its approval, while we take care of the presentation for you
P.S. To keep track of the project processes, click here to check out our Top 10 project Status Report Templates
FAQs on Project Approval
What is project approval?
Project approval is the formal authorization of stakeholders or decision-making authority grants to proceed with a proposed project. It signifies that the project's objectives, scope, budget, and timeline align with organizational goals and requirements. The approval process involves evaluating the project's feasibility, risks, benefits, and potential impacts. Once granted, project approval grants the necessary resources, support, and legitimacy for project initiation and execution, ensuring that it complies with strategic objectives.
What are project approval requirements?
Business Proposal: A compelling business case outlining the project's objectives, benefits, and alignment with organizational goals is essential.
Financial Viability: A detailed budget, funding plan, and return on investment analysis are necessary to ensure the project's financial feasibility.
Scope Clarity: A defined project scope, including deliverables, milestones, and resource needs, is critical to avoid scope creep.
Risk Assessment: Identification of potential risks and mitigation strategies to ensure project success and minimize disruptions.
Stakeholder Alignment: An analysis of key stakeholders' support and concerns, along with strategies to manage their expectations, is crucial for gaining approval and fostering project success.
Who approves a project?
Senior Management: Top-level executives, such as the CEO, COO, or department heads, provide overall strategic alignment and financial commitment.
Project Sponsor: The designated individual with a vested interest in the project's success who champions it and secures necessary resources.
Project Management: The group responsible for overseeing project progress and ensuring alignment with organizational goals.
Finance Department: Ensures financial feasibility and approves budget allocations.
Legal and Compliance Teams: Ensures adherence to regulations and legal requirements.
