Task: Secure Sponsor
Select one or more sponsors to fund the asset program.
Disciplines: Asset Governance
Purpose

Establish a committed financial provider.

Relationships
RolesPrimary Performer: Additional Performers:
InputsMandatory:
    Optional:
      Outputs
        Main Description

        The Reuse Strategy, Reuse Assessment, and Asset Financial Estimate should be reviewed by the Sponsor. The Sponsor is impacted by the work of the proposed asset activities and sees value in funding the asset program.

        The Sponsor needs to determine the commitment level for funding, whether it is a short term funding or a long term, or with key milestones and progress reports.

        The funding models should be discussed with the Sponsor and the needs of the Sponsor should be addressed.. When necessary refinements to the reuse strategy should be made to meet the needs of the Sponsor..

        Steps
        Review the Estimates with the Sponsor
        The financial estimates should be reviewed with the Sponsor.
        Understand Sponsor Needs
        The needs of the Sponsor need to be balanced with the intended reuse scope. If the expected reuse scope is not in line with the Sponsor then this needs to be addressed or the asset program will suffer from conflicting goals.
        Refine the Strategy
        Update the Reuse Strategy as necessary to meet the needs of the Sponsor.