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[New Project] Classification

CLASSIFICATION:

Projects tend to be classified based on their contribution to one or more programs. A project (or project component) may be undertaken for pure financial return, as a prerequisite to achieve a particular objective, to explore an opportunity (R&D or speculative), because the company is forced to do something (e.g., regulation, legal decision), or simply to support ongoing operations.

CLASSIFIED COMPONENTS Deliverable 1 (Return)
Deliverable 1 is expected to return 3.5MM on capital investment by 7/07

Deliverable 2 (Pre-Requisite)
Deliverable 2 supports completion of Project and Program X
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