On June 7, 2007, Treasury Board Ministers approved the
Policy on the Management of Projects. This policy replaces the
Project Management Policy, the
Policy on the Management of Major Crown Projects, and the
Project
Approval Policy for departments and agencies listed in Section 2 of the
Financial Administration Act. This policy is a significant change in how government manages projects. As a result, Treasury Board Secretariat is adopting a phased implementation approach, starting in 2007, that will begin with a group of departments that have agreed to participate in a pilot. Following this pilot, groups of departments will be brought
on board so that, by April 1, 2011, departments and agencies will have the systems and processes in place to meet the policy requirements.