These policy directions will guide the Investment Prioritisation and Budgeting. Investment Prioritization & Budgeting Investment portfolio management is a critical function given the significant budgets needed for the various sectors to meet the downstream ICT targets in order to balance risk, performance, and cost across all ICT investments. The solution is to link all investments directly to the strategic imperatives identified and to assess the impact of each investment on the established desired outcomes. Investment Prioritization and Budgeting would, therefore, be guided by the outputs and strategies crafted by Policy and Strategic Planning function. The identified ICT investments identified within this plan will be further assessed and detailed budgets developed. Notably, the Quick Win projects identified above would be given priority due to their potential to add the most value for ICT development and uptake in St. Lucia within the immediate term, with realizable outcomes and tangible impacts on society. Once the portfolio of investments has been prioritised and the appropriate budgets derived, the role of Project and Programme Management becomes imperative for successful and timely implementation. Project & Programme Management Project management is a carefully planned and organised endeavour aimed at accomplishing a specific objective on time and on budget with defined resources. Typically, projects follow some major phases or stages that reflect a full business lifecycle. These phases or stages include: i. ii. iii. iv. v. vi. vii. viii. ix. Project initiation Feasibility studies Project definition, justification and methodology Development of the project plan Implementation and delivery of specified benefits Post implementation review Monitoring and evaluation Support/maintenance Project close ‐3‐