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Capital Project Delivery Process - Waterfall

Capital Project Delivery Process - Waterfall 2026

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The document outlines the Capital Project Delivery Process using a Waterfall model, detailing the stages of Initiation & Planning, Execution, and Closing. It emphasizes identifying project opportunities, engaging stakeholders, executing plans, and formalizing project closure while ensuring governance and accountability through defined roles and required documentation at each stage.

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Click ‘Get Form’ to open the Capital Project Delivery Process - Waterfall document in the editor.
Begin with the 'Initiation & Planning' section. Identify opportunities and assess high-level costs and benefits. Fill in details regarding strategic fit and risk assessment.
Move to the 'Execution' phase. Here, coordinate resources and document actions taken by team members such as Project Managers and Analysts. Ensure all roles are clearly defined.
In the 'Closing' section, formalize project acceptance. Document financial closeout details and verify that project benefits have been realized, ensuring all necessary sign-offs are obtained.

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What is the capital project delivery process?

Capital Project Delivery (CPD) is comprised of professional project managers who are responsible for the development, design, and construction of all capital projects, from large new construction projects to minor renovations or repairs. The CPD project manager leads all aspects of the capital project.

What is the waterfall delivery process?

Waterfall methodology is a well-established project management workflow. Like a waterfall, each process phase cascades downward sequentially through five stages (requirements, design, implementation, verification, and maintenance).

What are the 5 stages of project management?

The first phase identifies the capital project management setup. The second phase identifies the creation of capital projects. The third phase identifies the planning of capital projects. The fourth phase identifies the procurement for capital projects.