In accordance with the Project Definition, the Project Costing Improvement Project (PCIP) establishes standard guidance for when a project is needed. The following table explains if a scenario requires the creation of a project.
| Agency Scenario | Is a Project Required? |
|---|---|
| Capital Improvements | Yes |
| State Emergency Tracking | Yes |
|
Customer Activities |
Yes, (e.g. activities funded by federal grant sponsors or supporting billable revenue) |
|
Pooled Costs |
Yes (administrative or indirect costs, to be used to allocate to another project or account) |
| Cost Threshold | No (cost thresholds do not need to be considered for project creation) |
Guide to Financial Operations
REV. 02/01/2022