Process: TB-NLMPS-INIT-002 Project Initiation-Top Down Process Owner CAPEX planning in investment management (IM) module C.

E strategy & plans C.E strategy & plans C.E strategy & plans C.E strategy & plans C.E strategy & plans C.E strategy & plans C.E strategy & plans C.E strategy & plans HQ- end user / commercial dept HQ- End user/commercial department HQ-Finance department HQ-Finance department Corporate strategy Corporate strategy C.E strategy & plans C.E strategy & plans C.E strategy & plans H/Q- Capital Process Finalized business plan is created

Creation of project work breakdown structure (WBS) as per regional, functional and asset under construction (AUC) breakup. Creation of networks, activities where as sites will be represented by networks. Creation of milestones, Creation of detailed cost element planning Creation of detailed project timelines. Creation of project versions Assign work centers and capacities Creation of detailed project feasibility, documentation and resource plan. Vetting of scheme and business projection. Gives approvals regarding project. Vetting of cost, phasing and business case. Gives approvals regarding project. Further Vetting. Gives approvals regarding project. Approval by DPC / PAC (Project Approval Committee) is done as per authorization matrix. CAPEX is generated. Issues PC-1 Assigns budget to projects

budgeting department H/Q GM development region GM development region C.E strategy & plans Process:

Release of Budget to investment measures for projects in investment management. Distribution of budget in project WBSE within PS module Release of the project after distribution of budget Amendment of the project structure as per recommendation from corporate strategy/ finance dept and end user.

TB-NLMPS-CLR-001 Periodic Closure SM capitalization and coordination GM CWIP GM CWIP GM CWIP GM CWIP GM CWIP Verification with GM Cost Accounts about any outstanding goods receipts and goods invoices, and also make it sure that material management posting period is also closed so that no further entries could take place. Verifies that there are no more pending GRs & GIs and MM posting period is closed. Extracts monthly CAPEX expense reports from internal and external procurement GLs. Analyzes transactional data and follows up with the development regions for any high value variances or unusual transactions. Checks whether data is reconciled and took decision. If data is reconciled then overhead adjusted and settlement is run.
Checks that project work breakdown structure (WBS) are technically closed or not? If project or WBS is technically closed then fixed asset is created. If project or WBS is not closed technically then cost is settled to asset under construction (AUC). Verifies that if all the cost is settled. If some errors are there in the settlement then errors will be removed and re-run the settlement process.

GM CWIP