Page 12 - A U4SSC deliverable - Guidelines on tools and mechanisms to finance Smart Sustainable Cities projects

(c) Defining the project. It is proposed to use clear definitions and terminology which are
understood in the same way by all parties involved;
(d) Implementing the project. This stage refers to the process of building the planned urban
infrastructure and putting it into operation;

(e) Measuring the impact of the project results;
(f) Establishing communication. The Guidelines suggest preparing reports, as required, and
organizing effective communication, using appropriate communication tools. It is proposed
to share best practices to support their replication in other projects, as appropriate.

To develop a successful investment project, it is important to gain a clear understanding of the
expectations of the users and to reflect those expectations in the project design.

Lastly, realistic expectations about the time-frame, quantity and quality of the project and its
expected outcomes will prevent conflict and reduce the use of resources.

x U4SSC: Guidelines on tools and mechanisms to finance Smart Sustainable Cities projects