Why is project initiation important?
Since lots of project managers have never implemented all the activities of project initiation phase (never finished a project charter, never signed a contract, and others), let’s take a quick review of why project initiation is deemed a critical process.
Indeed, the project management process starts with initiation, and initiation is the first step in the process of scope management, too. It gives a green light for a project to begin and associates a project with the organization’s work and strategic objectives.
Make sure you learn that the initiating step can be taken more one time in a project. Aside from occurring from the start, the initiation process is also carried out at the end of each project phase to act as authorization for going on the project (also, go/ no-go decision). As per PMI, the projects should accord with the strategic direction of the organization. The initiating process at the project beginning and at the phase beginning will help ensure such consistency over all the project lifecycle.
Many professionals sometimes link project initiation to analysis effort – for instance, assessment, business case development. Per PMI, the analysis effort serves as a separate project with the project charter of its own which offers information necessary for decision making about initiation of a new project.
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