1. POS (Project Overview Statement)
2. What Business Situation Is Being Addressed by This Project?
   1. Problem to be solved
   2. Untapped opportunity
   3. Is the solution known?
3. What Does the Business Need to Do?
   1. Solution is known
      1. Do we have the skilled resources?
      2. Documenting the solution from the beginning
   2. Solution is unknown or only partially known
      1. Finding out how to solve it
      2. Documenting the solution incrementally
4. What Will You Do?
   1. Defining project goal
   2. Defining objective statement
5. How Will You Do It?
   1. Defining approach to the project (PMLC)
   2. Documenting approach
      1. Iteratively
      2. At the beginning
6. How Will You Know You Did It?
   1. Increase Revenue
   2. Avoid Costs
   3. Improved Services
   4. Acrónimo IRACIS
   5. IRACIS acronym
7. How Well Did You Do?
   1. Learning for future projects (post-implementation audit)
   2. Assessment of suitableness of the selected project management approach
   3. Assessment of PMLC model followed by the project team
   4. Assessment of the correctness between deliverables and stated success criteria