What is Project Initiation?

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What is Project Initiation?


This is the very first phase through which a project passes. The purpose of this phase is to specify the goals of the project. Initiation is also the opportunity to decide whether or not to launch the project. Primary goals, secondary goals, and the time frame are the basic elements that are outlined in project initiation.

The processes involved in Project Initiation:

Creation of a Product: Facets of the product or service to be created are described.

Creation of a Project Feasibility Document: While preparing this document, thought is given to project constraints, alternatives, and assumptions. In this document any problems and their potential solutions are outlined in detail. The document also explains tactics to be used while working on the recommended solutions.

Creation of Project Concept Document: As this document is prepared, the production value of the project is determined. It breaks down the what, how and why behind the project.

Creation of Project Charter: This document discusses the scope, influence and the success factors of a project.

Initiating Process Group Processes:

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