Investment Management (IM)

A request for conducting an investment measure or other measure that has to be assessed and approved by one or more positions within an enterprise, primarily because of the high costs involved.

A relatively long period of time is normally set aside for this process.

Typically, appropriation requests are submitted in the year before their intended implementation, for the annual investment plan.

An appropriation request can be made for any type of measure that involves initial costs with possible benefits resulting at a later date (for example, investment in fixed assets, research and development, or large-scale repair projects).