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m a cost perspective including reporting frequency and reporting responsibilities Project authority levels. Use of appropriate support technology such as Oracle’s Project Costing and Project Connect applications. Alignment of work breakdown structures between project management approaches (. task pletion management) and collection of costs (. financial management) to ensure consistency between project and financial records.The Invent phase will include documenting the Project Investment Management process to show each of the steps involved in constructing investment proposals, submitting these for approval, gaining approval for the allocation of funds, setting up projects, capturing relevant cost data and maintaining appropriate project costing records. Throughout the above Huawei will need to carefully consider the level of detail that is to be captured to satisfy the bined goals of effective project management and financial control.Finally, the Invent phase will include identification of required project investment management and project costing skills and assessment of the availability of those skills within Huawei.LaunchThis phase will ensure that the project investment management process is properly introduced, that the supporting systems chosen are appropriately configured / developed, tested and rolled out and that all staff involved in the new processes are trained and capable of performing their new responsibilities.Details of activities and tasks to be undertaken are set out in the appendix to this document.Resources and TimingSkills and Experience RequiredThis project requires a bination of resources that bring skills and experience in Project Investment Management, process reengineering and system configuration to the project. Specifically, the project requires access to resources that have an indepth knowledge of current Huawei Project Investment Management practices and procedures. The skills required by the project are listed below. Note: It is important that the scope of these skills be covered by the entire project team. It should not be expected that a single individual possess all the required skills in the categories under which they are listed. Huawei Skills: Knowledge of current project investment management practices within Huawei. Knowledge of current systems being used in Huawei for project investment management. Oracle Skills: Specific knowledge of the capabilities and configuration options of the Oracle ‘Project Costing’ and ‘Project Connect’ modules. System capacity planning and definition of infrastructure requirements. Oracle application Database Administration. Consultancy Skills: Business process reengineering expertise Subject matter expertise in Project Investment Management including: Knowledge of alternative investment evaluation approach Development, standardisation and assessment of project investment proposals Experience in project cost evaluation in a manufacturing environment Establishment of guidelines for reviewing progress on approved investments and cancelling nonperforming projects Project costing and project cost management Packaged based business transformation including process assessment, system assessment organisation assessment, process improvement design, solution design, implementation strategy and planning.Resources RequiredTo plete this project requires a coordinated team of Huawei and consulting resources as set out below: Huawei Project Core Team Project Executive Sponsor – part time role to review and approve remendations made by the project team. In addition the Project Executive Sponsor will be required to support the project team by removing obstacles to the project’s success should they arise. It is expected that the head of the Finance department will undertake this role.Project Manager full time responsibility (in conjunction with the Consulting Project Manager) for overall project delivery. Specifically the Project Manager will be responsible for liaison with other Project Managers to ensure consistency across the overall Program, liaison with the Consulting Project Manager to ensure project effectiveness, consultation with the Huawei Project Executive Sponsor and Huawei management to ensure understanding and acceptability of designs and solutions.Subject Matter Experts – full time role to provide advice on current practices and work with the consulting team to develop the new process designs Huawei Business Department staff Subject matter experts in finance and accounting, with specific knowledge of current project evaluation and cost management policies and practices to support the project on an “as required” basis. ConsultantsProject Executive – part time quality review for subject matter rigour and consistency within the overall Program initiative.Project Manager – full time responsibility (in conjunction with the Huawei Project Manager) for overall project delivery. Specifically the Project Manager will be responsible for liaison with other Project Managers to ensure consistency across the overall Program, liaison with the Huawei Project Manager to ensure project effectiveness, consultation with the Huawei Project Executive Sponsor and Huawei management to ensure understanding and acceptability of designs and solutions.Lead Consultant – full time responsibility for day to day direction of the project team. Specifically the Lead Consultant will be responsible for project planning。 provision of subject matter expertise and leadership in thinking and issue resolution。 directing the new process design。 coordinating the reengineering and application specialist consultants to ensure cohesion between the process and systems.Reengineering Consultant – full time role undertaking reengineering activities at the direction of the Lead Consultant. The consultant will have responsibility for a