Governance for Railway Investment Projects (GRIP) – Leading a Project
|Publication Date:||2 September 2017|
This standard specifies the principles to be adopted for, and the roles and responsibilities associated with, leading a project.
This standard is part of the P3M Framework and relates to NR/L1/INI/P3M/100 and NR/L2/INI/P3M/101. It applies to all projects and programmes that require Investment Authority, as defined within IR01, Investment Regulations, and;
a) enhance or renew the operational railway; and / or
b) are carried out in a high street environment, e.g. car park developments
NOTE 1: IR01, Investment Regulations, is available on Connect (IR01 is an internal document available to staff within Network Rail only):
NOTE 2: See the following link for definitions of Projects, Programmes, and Portfolios in Network Rail.
This information is available externally on request from P3M@networkrail.co.u
This standard describes how Network Rail sponsors capital investment in the railway infrastructure across all lifecycle stages.
This standard has been developed to mitigate the risk of investment being made or used inappropriately at any stage in the lifecycle. This standard is to protect tax payers or other party's capital investment which is being managed by Network Rail.
The purpose of this standard is to define and mandate the process for sponsoring a project from initial concept to close out of the project.
This standard defines the process for the Sponsor to have overall accountability for leading the project as the guiding mind of the project throughout its lifecycle. It provides a national and consistent approach to sponsorship of projects. This consistency will benefit Clients, Funders, System Operators, Deliverers, Project Managers and Stakeholders.
Network Rail is a public sector body and as such is required to comply with Managing Public Money Regulations.