PROJECT INITIATION

PROJECT INITIATION

Project Initiation is the first stage in the Project Management Cycle which involves starting up a new project by defining its objectives, scope, purpose and deliveries to be produced. This stage involves hiring of project team, setting up the project office and review of the project to gain approval to begin the next phase. There are six basic steps that need to be taken in order to properly initiate a new project. These steps are:-

1. Develop a Business Case.
2. Undertake a Feasibility Study.
3. Establish the Project Charter.
4. Appoint the Project Team.
5. Set up the Project Office.
6. Perform a Phase Review.